(WLK) Westlake Chemical complete technical analysis [charts+indicators] | Buy/Sell Westlake Chemical | (WLK) share price targets
Complete technical analysis of Westlake Chemical (WLK) by charts plus indicators, forecast predictions and share price targets for Westlake Chemical (WLK)
Westlake Chemical trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-05-21 View latest technical analysis
10 day averaged volume of Westlake Chemical is 411955
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 160.58 | 159.75 | 160.72 | 158.66 | 1.207 times |
| 20 Mon May 2024 | 160.23 | 157.25 | 161.25 | 157.25 | 1.343 times |
| 17 Fri May 2024 | 157.83 | 156.17 | 157.96 | 155.56 | 0.73 times |
| 16 Thu May 2024 | 155.06 | 155.93 | 157.26 | 155.03 | 0.808 times |
| 15 Wed May 2024 | 156.18 | 158.26 | 158.26 | 155.46 | 1.134 times |
| 14 Tue May 2024 | 157.19 | 156.91 | 157.76 | 156.05 | 0.727 times |
| 13 Mon May 2024 | 156.27 | 158.74 | 159.35 | 156.16 | 0.633 times |
| 10 Fri May 2024 | 158.15 | 157.65 | 158.50 | 156.78 | 0.611 times |
| 09 Thu May 2024 | 157.31 | 155.34 | 158.58 | 155.25 | 1.042 times |
| 08 Wed May 2024 | 154.94 | 155.93 | 158.02 | 154.83 | 1.463 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 158, but if it comes below 158, then a intra day sell could be more profitable.
If you take a sell trade below 158, then use 158 as stoploss and 154.03 as target. However if you take a buy trade in stock , then use 158 as stoploss and 162.8 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 118.64 |
| Downside Target | 132.20 |
| Downside Target | 136.36 |
| Downside Target | 142.62 |
| Downside Target | 151.09 |
| Downside Target | 155.85 |
| Downside Target | 157.25 |
| Downside Target | 158.58 |
| Downside Target | 159.35 |
| Upside Target | 161.25 |
| Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 158.14 |
| Downside Intraday Target | 155.69 |
| Upside Intraday Target | 162.14 |
| Upside Intraday Target | 163.69 |
| Downside Intraday Target | 159.69 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 160.58 | 157.25 | 161.25 | 157.25 | 0.633 times |
| 17 Fri May 2024 | 157.83 | 158.74 | 159.35 | 155.03 | 0.714 times |
| 10 Fri May 2024 | 158.15 | 153.79 | 158.58 | 152.07 | 0.874 times |
| 03 Fri May 2024 | 152.25 | 151.09 | 155.85 | 144.27 | 1.297 times |
| 26 Fri Apr 2024 | 149.55 | 150.43 | 151.09 | 146.62 | 0.859 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Westlake Chemical (WLK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 160.58 | 150.06 | 161.25 | 144.27 | 0.684 times |
| 30 Tue Apr 2024 | 147.36 | 152.91 | 162.64 | 146.62 | 1.281 times |
| 28 Thu Mar 2024 | 152.80 | 138.60 | 153.14 | 136.36 | 0.893 times |
| 29 Thu Feb 2024 | 138.71 | 139.13 | 145.98 | 118.64 | 1.375 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Westlake Chemical (WLK)
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Westlake Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Westlake Chemical in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Westlake Chemical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 157.46 and Westlake Chemical (WLK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Westlake Chemical (WLK) stock. Volume based technical analysis of Westlake Chemical (WLK) stock is negative.
Westlake Chemical Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Westlake Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Westlake Chemical in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Westlake Chemical is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 157.46 and Westlake Chemical (WLK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Westlake Chemical (WLK) stock. Volume based technical analysis of Westlake Chemical (WLK) stock is negative.
Westlake Chemical Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.