(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 2024-03-04 View latest technical analysis
10 day averaged volume of Westlake Chemical is 582580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 140.09 | 137.61 | 141.38 | 136.36 | 0.713 times |
| 01 Fri Mar 2024 | 137.38 | 138.60 | 139.38 | 136.60 | 0.448 times |
| 29 Thu Feb 2024 | 138.71 | 136.39 | 138.80 | 135.55 | 0.828 times |
| 28 Wed Feb 2024 | 135.89 | 135.82 | 138.04 | 135.18 | 0.413 times |
| 27 Tue Feb 2024 | 136.80 | 137.74 | 138.04 | 136.63 | 0.446 times |
| 26 Mon Feb 2024 | 137.42 | 135.97 | 138.62 | 135.01 | 0.715 times |
| 23 Fri Feb 2024 | 136.79 | 141.29 | 141.46 | 136.16 | 0.864 times |
| 22 Thu Feb 2024 | 140.58 | 136.34 | 140.68 | 134.70 | 0.68 times |
| 21 Wed Feb 2024 | 135.48 | 133.62 | 136.33 | 132.22 | 1.465 times |
| 20 Tue Feb 2024 | 132.81 | 126.29 | 140.34 | 118.64 | 3.181 times |
My analysis of stock is bullish for shortterm, and stock might move up till 142.5 or till 146.2. Use a stoploss of 139.43 and if this stock hits its stoploss, then it can fall down till 136.37
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 113.95 |
| Downside Target | 118.64 |
| Downside Target | 125.87 |
| Downside Target | 131.38 |
| Downside Target | 134.93 |
| Upside Target | 141.38 |
| Upside Target | 141.46 |
| Upside Target | 142.62 |
| Upside Target | 143.51 |
| Upside Target | 143.61 |
| Upside Target | 145.98 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 137.17 |
| Downside Intraday Target | 134.26 |
| Upside Intraday Target | 142.19 |
| Upside Intraday Target | 144.3 |
| Downside Intraday Target | 139.28 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 140.09 | 137.61 | 141.38 | 136.36 | 0.25 times |
| 01 Fri Mar 2024 | 137.38 | 135.97 | 139.38 | 135.01 | 0.46 times |
| 23 Fri Feb 2024 | 136.79 | 126.29 | 141.46 | 118.64 | 1.902 times |
| 16 Fri Feb 2024 | 144.15 | 142.29 | 145.98 | 137.63 | 1.418 times |
| 09 Fri Feb 2024 | 142.12 | 136.11 | 143.51 | 134.93 | 1.165 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 |
| 04 Mon Mar 2024 | 140.09 | 138.60 | 141.38 | 136.36 | 0.078 times |
| 29 Thu Feb 2024 | 138.71 | 139.13 | 145.98 | 118.64 | 1.375 times |
| 31 Wed Jan 2024 | 138.35 | 140.33 | 142.62 | 132.20 | 0.931 times |
| 29 Fri Dec 2023 | 139.96 | 128.15 | 143.61 | 125.87 | 0.9 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Westlake Chemical stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell 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 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 136 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Westlake Chemical stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell 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 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 136 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.