(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 2024-10-30 View latest technical analysis
10 day averaged volume of Westlake Chemical is 401200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Oct 2024 | 133.26 | 131.46 | 134.55 | 131.07 | 0.892 times |
| 29 Tue Oct 2024 | 131.96 | 133.11 | 133.20 | 131.32 | 1.098 times |
| 28 Mon Oct 2024 | 133.86 | 132.99 | 134.14 | 132.26 | 0.841 times |
| 25 Fri Oct 2024 | 132.73 | 134.93 | 135.16 | 132.46 | 1.046 times |
| 24 Thu Oct 2024 | 134.79 | 136.53 | 137.54 | 133.81 | 0.916 times |
| 23 Wed Oct 2024 | 135.98 | 136.21 | 137.42 | 134.91 | 0.828 times |
| 22 Tue Oct 2024 | 137.03 | 135.83 | 137.12 | 134.92 | 0.973 times |
| 21 Mon Oct 2024 | 136.50 | 139.21 | 139.24 | 135.92 | 0.85 times |
| 18 Fri Oct 2024 | 139.34 | 140.76 | 140.79 | 138.59 | 0.943 times |
| 17 Thu Oct 2024 | 140.18 | 142.31 | 142.31 | 139.39 | 1.439 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 135, but if it comes above 135, then a intra day buy could be more profitable.
If you take a sell trade below 135, then use 135 as stoploss and 129.1 as target. However if you take a buy trade in stock , then use 135 as stoploss and 139.88 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 129.98 |
| Upside Target | 138.59 |
| Upside Target | 144.57 |
| Upside Target | 144.95 |
| Upside Target | 146.77 |
| Upside Target | 150.85 |
| Upside Target | 151.23 |
| Upside Target | 151.56 |
| Upside Target | 151.86 |
| Upside Target | 153.34 |
| Upside Target | 160.96 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 131.37 |
| Downside Intraday Target | 129.48 |
| Upside Intraday Target | 134.85 |
| Upside Intraday Target | 136.44 |
| Downside Intraday Target | 132.96 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Oct 2024 | 133.26 | 132.99 | 134.55 | 131.07 | 0.614 times |
| 25 Fri Oct 2024 | 132.73 | 139.21 | 139.24 | 132.46 | 0.888 times |
| 18 Fri Oct 2024 | 139.34 | 143.30 | 144.57 | 138.59 | 1.191 times |
| 11 Fri Oct 2024 | 144.20 | 145.97 | 146.77 | 141.82 | 0.727 times |
| 04 Fri Oct 2024 | 147.80 | 150.62 | 151.23 | 144.95 | 1.346 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 |
| 30 Wed Oct 2024 | 133.26 | 150.23 | 150.85 | 131.07 | 0.827 times |
| 30 Mon Sep 2024 | 150.29 | 143.53 | 151.56 | 132.80 | 1.073 times |
| 30 Fri Aug 2024 | 145.44 | 147.71 | 153.34 | 129.98 | 1.025 times |
| 31 Wed Jul 2024 | 147.86 | 145.37 | 151.86 | 139.38 | 0.793 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 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 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 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 SELL. Signal strength is Strong 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 red color and prices are below the red 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 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 135.73 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 negative.
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 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 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 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 SELL. Signal strength is Strong 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 red color and prices are below the red 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 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 135.73 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.