(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.
10 day averaged volume of Westlake Chemical is 509260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 158.15 | 157.65 | 158.50 | 156.78 | 0.494 times |
| 09 Thu May 2024 | 157.31 | 155.34 | 158.58 | 155.25 | 0.843 times |
| 08 Wed May 2024 | 154.94 | 155.93 | 158.02 | 154.83 | 1.183 times |
| 07 Tue May 2024 | 156.45 | 154.43 | 158.11 | 154.38 | 1.222 times |
| 06 Mon May 2024 | 153.30 | 153.79 | 154.43 | 152.07 | 0.825 times |
| 03 Fri May 2024 | 152.25 | 151.13 | 153.52 | 151.08 | 0.926 times |
| 02 Thu May 2024 | 149.51 | 150.36 | 150.96 | 146.31 | 0.73 times |
| 01 Wed May 2024 | 149.18 | 150.06 | 155.85 | 144.27 | 1.834 times |
| 30 Tue Apr 2024 | 147.36 | 149.57 | 150.67 | 147.20 | 0.975 times |
| 29 Mon Apr 2024 | 151.00 | 151.09 | 151.16 | 149.60 | 0.762 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 158.2, for a target of 154.5 or 151.4
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 118.64 |
| Downside Target | 132.20 |
| Downside Target | 136.36 |
| Downside Target | 142.62 |
| Downside Target | 151.09 |
| Downside Target | 153.14 |
| Downside Target | 154.94 |
| Downside Target | 155.85 |
| Upside Target | 158.58 |
| Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 153.95 |
| Downside Intraday Target | 149.76 |
| Upside Intraday Target | 160.46 |
| Upside Intraday Target | 162.78 |
| Downside Intraday Target | 156.27 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 158.15 | 153.79 | 158.58 | 152.07 | 0.874 times |
| 03 Fri May 2024 | 152.25 | 151.09 | 155.85 | 144.27 | 1.297 times |
| 26 Fri Apr 2024 | 149.55 | 150.43 | 151.09 | 146.62 | 0.859 times |
| 19 Fri Apr 2024 | 150.76 | 154.61 | 154.94 | 148.02 | 1.091 times |
| 12 Fri Apr 2024 | 153.46 | 158.92 | 162.64 | 152.91 | 0.899 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 |
| 10 Fri May 2024 | 158.15 | 150.06 | 158.58 | 144.27 | 0.412 times |
| 30 Tue Apr 2024 | 147.36 | 152.91 | 162.64 | 146.62 | 1.281 times |
| 28 Thu Mar 2024 | 152.80 | 138.60 | 153.14 | 136.36 | 0.893 times |
| 29 Thu Feb 2024 | 138.71 | 139.13 | 145.98 | 118.64 | 1.375 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 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 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 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 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.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 152.56 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 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 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 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 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.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 152.56 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.