(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 2024-05-22 View latest technical analysis
10 day averaged volume of Westlake Chemical is 399475
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 157.24 | 159.16 | 159.16 | 156.23 | 1.252 times |
| 21 Tue May 2024 | 160.58 | 159.75 | 160.72 | 158.66 | 1.245 times |
| 20 Mon May 2024 | 160.23 | 157.25 | 161.25 | 157.25 | 1.385 times |
| 17 Fri May 2024 | 157.83 | 156.17 | 157.96 | 155.56 | 0.753 times |
| 16 Thu May 2024 | 155.06 | 155.93 | 157.26 | 155.03 | 0.833 times |
| 15 Wed May 2024 | 156.18 | 158.26 | 158.26 | 155.46 | 1.17 times |
| 14 Tue May 2024 | 157.19 | 156.91 | 157.76 | 156.05 | 0.749 times |
| 13 Mon May 2024 | 156.27 | 158.74 | 159.35 | 156.16 | 0.653 times |
| 10 Fri May 2024 | 158.15 | 157.65 | 158.50 | 156.78 | 0.63 times |
| 09 Thu May 2024 | 157.31 | 155.34 | 158.58 | 155.25 | 1.074 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 158.3 as stoploss in an intra day sell trade for a target of 154.4. However, stock will show a bullish move above 158.3.
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 | 156.23 |
| Upside Target | 158.58 |
| Upside 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 | 155.23 |
| Downside Intraday Target | 153.22 |
| Upside Intraday Target | 160.25 |
| Upside Intraday Target | 163.26 |
| Upside Intraday Target | 158.24 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 157.24 | 157.25 | 161.25 | 156.23 | 0.934 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 down 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 |
| 22 Wed May 2024 | 157.24 | 150.06 | 161.25 | 144.27 | 0.735 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 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 short 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 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.
Westlake Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Westlake Chemical in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Westlake Chemical is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 157.82 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. 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 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 short 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 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.
Westlake Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Westlake Chemical in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Westlake Chemical is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 157.82 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. 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.