(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 2024-05-29 View latest technical analysis
10 day averaged volume of Westlake Chemical is 387725
Date | Daily Closing Price | Open | High | Low | Volume |
29 Wed May 2024 | 156.71 | 157.13 | 157.74 | 156.23 | 0.738 times |
28 Tue May 2024 | 158.96 | 159.36 | 161.31 | 158.79 | 0.901 times |
24 Fri May 2024 | 158.56 | 157.78 | 158.85 | 157.43 | 0.603 times |
23 Thu May 2024 | 156.70 | 157.65 | 157.76 | 155.42 | 0.885 times |
22 Wed May 2024 | 157.24 | 159.16 | 159.16 | 156.23 | 1.29 times |
21 Tue May 2024 | 160.58 | 159.75 | 160.72 | 158.66 | 1.283 times |
20 Mon May 2024 | 160.23 | 157.25 | 161.25 | 157.25 | 1.427 times |
17 Fri May 2024 | 157.83 | 156.17 | 157.96 | 155.56 | 0.776 times |
16 Thu May 2024 | 155.06 | 155.93 | 157.26 | 155.03 | 0.858 times |
15 Wed May 2024 | 156.18 | 158.26 | 158.26 | 155.46 | 1.205 times |
My analysis of stock is bullish for shortterm, and stock might move up till 159.1 or till 162.7. Use a stoploss of 156.13 and if this stock hits its stoploss, then it can fall down till 153.13
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 | 152.07 |
Downside Target | 156.23 |
Upside Target | 158.58 |
Upside Target | 159.35 |
Upside Target | 161.25 |
Upside Target | 161.31 |
Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Intraday Target | 154.86 |
Downside Intraday Target | 153 |
Upside Intraday Target | 159.94 |
Upside Intraday Target | 163.16 |
Upside Intraday Target | 158.08 |
Weekly technical analysis of Westlake Chemical (WLK)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Wed May 2024 | 156.71 | 159.36 | 161.31 | 156.23 | 0.299 times |
24 Fri May 2024 | 158.56 | 157.25 | 161.25 | 155.42 | 1.281 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 |
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 |
29 Wed May 2024 | 156.71 | 150.06 | 161.31 | 144.27 | 0.856 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell signal is initial and weak.
Westlake Chemical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 negative zone. This is the SELL 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 157.98 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell signal is initial and weak.
Westlake Chemical Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 negative zone. This is the SELL 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 157.98 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.