(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 2024-08-20 View latest technical analysis
10 day averaged volume of Westlake Chemical is 428710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 143.67 | 145.93 | 146.50 | 143.44 | 0.886 times |
| 19 Mon Aug 2024 | 147.04 | 147.02 | 147.76 | 145.52 | 0.994 times |
| 16 Fri Aug 2024 | 146.72 | 146.60 | 147.11 | 145.31 | 0.929 times |
| 15 Thu Aug 2024 | 147.09 | 147.47 | 149.57 | 145.44 | 0.641 times |
| 14 Wed Aug 2024 | 144.68 | 145.44 | 145.44 | 143.26 | 0.513 times |
| 13 Tue Aug 2024 | 145.13 | 143.50 | 145.59 | 142.92 | 0.577 times |
| 12 Mon Aug 2024 | 142.62 | 146.20 | 146.26 | 142.22 | 0.832 times |
| 09 Fri Aug 2024 | 145.99 | 147.19 | 147.35 | 145.31 | 0.742 times |
| 08 Thu Aug 2024 | 146.83 | 145.71 | 146.93 | 144.07 | 1.163 times |
| 07 Wed Aug 2024 | 143.47 | 148.16 | 150.30 | 143.16 | 1.396 times |
My analysis of stock is bearish for shortterm, and stock might move down till 140.4 or till 136.4. Use a stoploss of 143.8 and if the stock hits stoploss, then it can shoot up till 147.17
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 | 149.76 |
| 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 | 142.15 |
| Downside Intraday Target | 140.64 |
| Upside Intraday Target | 146.47 |
| Upside Intraday Target | 149.28 |
| Upside Intraday Target | 144.96 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 143.67 | 147.02 | 147.76 | 143.44 | 0.539 times |
| 16 Fri Aug 2024 | 146.72 | 146.20 | 149.57 | 142.22 | 0.516 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 |
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 |
| 20 Tue Aug 2024 | 143.67 | 147.71 | 150.30 | 129.98 | 0.644 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 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 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 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 losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy 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. 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 145.28 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 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 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 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 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 losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy 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. 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 145.28 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 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.