(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 2024-11-26 View latest technical analysis
10 day averaged volume of Westlake Chemical is 470900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 128.19 | 130.71 | 131.20 | 127.92 | 1.133 times |
| 26 Tue Nov 2024 | 128.19 | 130.71 | 131.20 | 127.92 | 1.133 times |
| 25 Mon Nov 2024 | 131.93 | 131.75 | 133.51 | 131.21 | 1.38 times |
| 22 Fri Nov 2024 | 130.45 | 129.22 | 131.01 | 129.13 | 0.849 times |
| 21 Thu Nov 2024 | 129.16 | 128.18 | 129.43 | 126.86 | 0.869 times |
| 20 Wed Nov 2024 | 127.91 | 126.62 | 128.06 | 126.11 | 0.712 times |
| 19 Tue Nov 2024 | 126.95 | 126.09 | 127.33 | 125.28 | 0.931 times |
| 18 Mon Nov 2024 | 127.04 | 127.20 | 128.33 | 126.76 | 0.924 times |
| 15 Fri Nov 2024 | 126.66 | 127.10 | 128.02 | 126.34 | 0.839 times |
| 14 Thu Nov 2024 | 126.69 | 128.74 | 128.74 | 125.30 | 1.109 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 127.2 as stoploss in an intra day buy trade for a target of 130.16. However, stock will show a bearish move below 127.2.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 125.28 |
| Downside Target | 127.92 |
| Upside Target | 132.80 |
| Upside Target | 133.51 |
| Upside Target | 139.38 |
| Upside Target | 139.59 |
| Upside Target | 150.85 |
| Upside Target | 151.56 |
| Upside Target | 151.86 |
| Upside Target | 153.34 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 127.01 |
| Downside Intraday Target | 125.82 |
| Upside Intraday Target | 130.29 |
| Upside Intraday Target | 132.38 |
| Upside Intraday Target | 129.1 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 128.19 | 130.71 | 131.20 | 127.92 | 0.451 times |
| 26 Tue Nov 2024 | 128.19 | 131.75 | 133.51 | 127.92 | 0.587 times |
| 22 Fri Nov 2024 | 130.45 | 127.20 | 131.01 | 125.28 | 0.79 times |
| 15 Fri Nov 2024 | 126.66 | 132.54 | 132.79 | 125.30 | 0.53 times |
| 08 Fri Nov 2024 | 132.15 | 132.23 | 139.59 | 125.41 | 2.312 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 Tue Nov 2024 | 128.19 | 131.75 | 139.59 | 125.28 | 1.265 times |
| 31 Thu Oct 2024 | 131.94 | 150.23 | 150.85 | 131.07 | 0.875 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 |
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 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 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 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 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Westlake Chemical in short term
RSI is generating a SELL signal in short term but selling 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 128.45 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 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 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 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 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 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Westlake Chemical in short term
RSI is generating a SELL signal in short term but selling 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 128.45 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.