(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 2024-08-15 View latest technical analysis
10 day averaged volume of Westlake Chemical is 464260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 147.09 | 147.47 | 149.57 | 145.44 | 0.592 times |
| 14 Wed Aug 2024 | 144.68 | 145.44 | 145.44 | 143.26 | 0.474 times |
| 13 Tue Aug 2024 | 145.13 | 143.50 | 145.59 | 142.92 | 0.533 times |
| 12 Mon Aug 2024 | 142.62 | 146.20 | 146.26 | 142.22 | 0.768 times |
| 09 Fri Aug 2024 | 145.99 | 147.19 | 147.35 | 145.31 | 0.685 times |
| 08 Thu Aug 2024 | 146.83 | 145.71 | 146.93 | 144.07 | 1.074 times |
| 07 Wed Aug 2024 | 143.47 | 148.16 | 150.30 | 143.16 | 1.289 times |
| 06 Tue Aug 2024 | 144.01 | 135.34 | 147.48 | 135.34 | 2.045 times |
| 05 Mon Aug 2024 | 133.50 | 132.09 | 134.85 | 129.98 | 1.152 times |
| 02 Fri Aug 2024 | 137.06 | 140.57 | 140.57 | 136.63 | 1.202 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 147, but if it comes below 147, then a intra day sell could be more profitable.
If you take a sell trade below 147, then use 147 as stoploss and 143.73 as target. However if you take a buy trade in stock , then use 147 as stoploss and 151 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 129.98 |
| Downside Target | 136.63 |
| Downside Target | 139.38 |
| Downside Target | 142.22 |
| Upside Target | 149.57 |
| Upside Target | 150.30 |
| Upside Target | 151.86 |
| Upside Target | 160.96 |
| Upside Target | 161.31 |
| Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 143.02 |
| Downside Intraday Target | 138.94 |
| Upside Intraday Target | 150.37 |
| Upside Intraday Target | 153.64 |
| Downside Intraday Target | 146.29 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 147.09 | 146.20 | 149.57 | 142.22 | 0.379 times |
| 09 Fri Aug 2024 | 145.99 | 132.09 | 150.30 | 129.98 | 1.401 times |
| 02 Fri Aug 2024 | 137.06 | 143.79 | 149.76 | 136.63 | 0.989 times |
| 26 Fri Jul 2024 | 143.03 | 146.31 | 146.55 | 139.42 | 0.944 times |
| 19 Fri Jul 2024 | 145.63 | 147.60 | 151.86 | 144.50 | 0.967 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 |
| 15 Thu Aug 2024 | 147.09 | 147.71 | 150.30 | 129.98 | 0.517 times |
| 31 Wed Jul 2024 | 147.86 | 145.37 | 151.86 | 139.38 | 0.793 times |
| 28 Fri Jun 2024 | 144.82 | 160.96 | 160.96 | 143.59 | 1.308 times |
| 31 Fri May 2024 | 160.56 | 150.06 | 161.31 | 144.27 | 0.921 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy signal is initial and weak.
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 142.47 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy signal is initial and weak.
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 142.47 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.