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(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 2024-12-04 View latest technical analysis

10 day averaged volume of Westlake Chemical is 420266

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	125.39	126.42	126.53	125.38	0.047 times
03 Tue Dec 2024	129.25	129.25	129.25	129.25	0.173 times
26 Tue Nov 2024	128.19	130.71	131.20	127.92	1.27 times
26 Tue Nov 2024	128.19	130.71	131.20	127.92	1.27 times
25 Mon Nov 2024	131.93	131.75	133.51	131.21	1.546 times
22 Fri Nov 2024	130.45	129.22	131.01	129.13	0.951 times
21 Thu Nov 2024	129.16	128.18	129.43	126.86	0.974 times
20 Wed Nov 2024	127.91	126.62	128.06	126.11	0.798 times
19 Tue Nov 2024	126.95	126.09	127.33	125.28	1.044 times
18 Mon Nov 2024	127.04	127.20	128.33	126.76	1.035 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 126.6, but if it comes above 126.6, then a intra day buy could be more profitable.
If you take a sell trade below 126.6, then use 126.6 as stoploss and 122.9 as target. However if you take a buy trade in stock , then use 126.6 as stoploss and 129.69 as target.

Share price targets for Westlake Chemical (WLK)

Target Type	Value
Downside Target	125.28
Upside Target	127.92
Upside Target	131.07
Upside Target	131.20
Upside Target	132.79
Upside Target	132.80
Upside Target	133.51
Upside Target	139.59
Upside Target	150.85
Upside Target	151.56
Upside Target	153.34

Intraday share price targets for Westlake Chemical (WLK)

Target Type	Value
Downside Intraday Target	124.1
Downside Intraday Target	122.8
Upside Intraday Target	127.97
Upside Intraday Target	130.54
Upside Intraday Target	126.67

Weekly technical analysis of Westlake Chemical (WLK)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	125.39	129.25	129.25	125.38	0.173 times
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

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
04 Wed Dec 2024	125.39	129.25	129.25	125.38	0.008 times
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

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 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 to mid 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 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 gaining momentum.

MACD generated a BUY signal for Westlake Chemical in short term but the buy signal is initial and weak.

Westlake Chemical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

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 128.87 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.