(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 2025-01-03 View latest technical analysis
10 day averaged volume of Westlake Chemical is 549003
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Jan 2025 | 111.98 | 112.32 | 112.63 | 110.76 | 0.812 times |
| 02 Thu Jan 2025 | 112.13 | 114.92 | 115.93 | 111.70 | 0.814 times |
| 31 Tue Dec 2024 | 114.65 | 113.62 | 115.39 | 113.62 | 0.752 times |
| 30 Mon Dec 2024 | 113.45 | 113.95 | 114.21 | 112.69 | 0.754 times |
| 27 Fri Dec 2024 | 114.28 | 114.90 | 116.17 | 114.03 | 0.564 times |
| 26 Thu Dec 2024 | 115.19 | 114.60 | 115.35 | 114.48 | 0.623 times |
| 24 Tue Dec 2024 | 114.95 | 114.45 | 115.31 | 113.98 | 0.326 times |
| 23 Mon Dec 2024 | 114.40 | 113.06 | 114.73 | 113.00 | 0.732 times |
| 20 Fri Dec 2024 | 113.23 | 113.20 | 114.76 | 112.63 | 2.357 times |
| 19 Thu Dec 2024 | 113.31 | 115.41 | 116.96 | 113.28 | 1.385 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 112.9, but if it comes above 112.9, then a intra day buy could be more profitable.
If you take a sell trade below 112.9, then use 112.9 as stoploss and 107.6 as target. However if you take a buy trade in stock , then use 112.9 as stoploss and 117.39 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 110.76 |
| Upside Target | 115.93 |
| Upside Target | 118.50 |
| Upside Target | 125.16 |
| Upside Target | 128.85 |
| Upside Target | 129.25 |
| Upside Target | 131.07 |
| Upside Target | 132.80 |
| Upside Target | 139.59 |
| Upside Target | 150.85 |
| Upside Target | 151.56 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 109.85 |
| Downside Intraday Target | 107.72 |
| Upside Intraday Target | 115.02 |
| Upside Intraday Target | 118.06 |
| Upside Intraday Target | 112.89 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Jan 2025 | 111.98 | 113.95 | 115.93 | 110.76 | 1.395 times |
| 27 Fri Dec 2024 | 114.28 | 113.06 | 116.17 | 113.00 | 0.276 times |
| 20 Fri Dec 2024 | 113.23 | 118.47 | 120.24 | 112.63 | 1.352 times |
| 13 Fri Dec 2024 | 119.46 | 126.88 | 128.85 | 118.50 | 32.848 times |
| 05 Thu Dec 2024 | 125.47 | 129.25 | 129.25 | 125.16 | 0.188 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 |
| 03 Fri Jan 2025 | 111.98 | 114.92 | 115.93 | 110.76 | 0.09 times |
| 31 Tue Dec 2024 | 114.65 | 129.25 | 129.25 | 112.63 | 0.858 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 |
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 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 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 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 113.52 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 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 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 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 113.52 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.