(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 2024-08-26 View latest technical analysis
10 day averaged volume of Westlake Chemical is 311670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 150.55 | 152.34 | 153.34 | 150.48 | 0.927 times |
| 23 Fri Aug 2024 | 150.97 | 147.20 | 151.41 | 146.09 | 1.525 times |
| 22 Thu Aug 2024 | 144.58 | 145.68 | 145.81 | 144.11 | 0.468 times |
| 21 Wed Aug 2024 | 145.55 | 144.98 | 146.12 | 144.45 | 0.619 times |
| 20 Tue Aug 2024 | 143.67 | 145.93 | 146.50 | 143.44 | 1.219 times |
| 19 Mon Aug 2024 | 147.04 | 147.02 | 147.76 | 145.52 | 1.367 times |
| 16 Fri Aug 2024 | 146.72 | 146.60 | 147.11 | 145.31 | 1.277 times |
| 15 Thu Aug 2024 | 147.09 | 147.47 | 149.57 | 145.44 | 0.881 times |
| 14 Wed Aug 2024 | 144.68 | 145.44 | 145.44 | 143.26 | 0.706 times |
| 13 Tue Aug 2024 | 145.13 | 143.50 | 145.59 | 142.92 | 0.794 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 148.7, but if it comes below 148.7, then a intra day sell could be more profitable.
If you take a sell trade below 148.7, then use 148.7 as stoploss and 144.84 as target. However if you take a buy trade in stock , then use 148.7 as stoploss and 153.3 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 |
| Downside Target | 149.57 |
| Upside Target | 151.41 |
| Upside Target | 151.86 |
| Upside Target | 153.34 |
| 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 | 149.57 |
| Downside Intraday Target | 148.6 |
| Upside Intraday Target | 152.43 |
| Upside Intraday Target | 154.32 |
| Upside Intraday Target | 151.46 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 150.55 | 152.34 | 153.34 | 150.48 | 0.178 times |
| 23 Fri Aug 2024 | 150.97 | 147.02 | 151.41 | 143.44 | 1.082 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 |
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 |
| 26 Mon Aug 2024 | 150.55 | 147.71 | 153.34 | 129.98 | 0.76 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 buy signal for Westlake Chemical in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 146.99 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 buy signal for Westlake Chemical in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 146.99 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.