(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 2024-06-12 View latest technical analysis
10 day averaged volume of Westlake Chemical is 380770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 152.86 | 155.33 | 156.64 | 151.89 | 1.51 times |
| 11 Tue Jun 2024 | 152.07 | 149.67 | 152.56 | 148.43 | 1.523 times |
| 10 Mon Jun 2024 | 150.29 | 152.34 | 152.34 | 150.21 | 1.332 times |
| 07 Fri Jun 2024 | 153.01 | 153.03 | 153.93 | 151.96 | 1.054 times |
| 06 Thu Jun 2024 | 154.28 | 156.47 | 156.95 | 152.32 | 1.013 times |
| 05 Wed Jun 2024 | 156.51 | 154.36 | 156.81 | 153.62 | 0.812 times |
| 04 Tue Jun 2024 | 154.23 | 155.43 | 155.92 | 154.21 | 1.008 times |
| 03 Mon Jun 2024 | 156.65 | 160.96 | 160.96 | 155.03 | 0.824 times |
| 31 Fri May 2024 | 160.56 | 159.61 | 161.24 | 158.03 | 0.911 times |
| 30 Thu May 2024 | 159.48 | 157.06 | 159.54 | 154.85 | 0.771 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 153.5, but if it comes above 153.5, then a intra day buy could be more profitable.
If you take a sell trade below 153.5, then use 153.5 as stoploss and 150.1 as target. However if you take a buy trade in stock , then use 153.5 as stoploss and 156.4 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 118.64 |
| Downside Target | 136.36 |
| Downside Target | 144.27 |
| Downside Target | 151.96 |
| Upside Target | 156.64 |
| Upside Target | 159.35 |
| Upside Target | 160.96 |
| 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 | 148.65 |
| Downside Intraday Target | 144.43 |
| Upside Intraday Target | 156.86 |
| Upside Intraday Target | 160.85 |
| Downside Intraday Target | 152.64 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 152.86 | 152.34 | 156.64 | 148.43 | 0.926 times |
| 07 Fri Jun 2024 | 153.01 | 160.96 | 160.96 | 151.96 | 1.406 times |
| 31 Fri May 2024 | 160.56 | 159.36 | 161.31 | 154.85 | 0.599 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 |
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 |
| 12 Wed Jun 2024 | 152.86 | 160.96 | 160.96 | 148.43 | 0.377 times |
| 31 Fri May 2024 | 160.56 | 150.06 | 161.31 | 144.27 | 0.921 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 |
Scroll below to view daily charts
Price has moved down 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the sell signal is strong.
Westlake Chemical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Westlake Chemical in short term but BUY signal is weak.
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
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 154.4 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the sell signal is strong.
Westlake Chemical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Westlake Chemical in short term but BUY signal is weak.
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
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 154.4 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.