(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 2024-03-25 View latest technical analysis
10 day averaged volume of Westlake Chemical is 416450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Mar 2024 | 149.99 | 150.30 | 151.49 | 149.71 | 1.17 times |
| 22 Fri Mar 2024 | 150.32 | 150.67 | 150.88 | 149.08 | 0.541 times |
| 21 Thu Mar 2024 | 150.40 | 151.47 | 151.60 | 149.93 | 0.536 times |
| 20 Wed Mar 2024 | 150.42 | 144.73 | 151.21 | 144.73 | 0.98 times |
| 19 Tue Mar 2024 | 145.93 | 143.68 | 146.16 | 142.84 | 0.669 times |
| 18 Mon Mar 2024 | 143.74 | 148.14 | 148.14 | 143.63 | 0.947 times |
| 15 Fri Mar 2024 | 146.79 | 141.68 | 147.81 | 141.68 | 2.974 times |
| 14 Thu Mar 2024 | 142.51 | 143.81 | 143.89 | 141.37 | 0.835 times |
| 13 Wed Mar 2024 | 144.17 | 142.20 | 144.50 | 142.13 | 0.856 times |
| 12 Tue Mar 2024 | 141.42 | 142.28 | 142.28 | 140.45 | 0.781 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 147.6, but if it comes below 147.6, then a intra day sell could be more profitable.
If you take a sell trade below 147.6, then use 147.6 as stoploss and 143.09 as target. However if you take a buy trade in stock , then use 147.6 as stoploss and 153 as target.
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 | 135.01 |
| Downside Target | 139.38 |
| Downside Target | 142.62 |
| Downside Target | 145.98 |
| Downside Target | 147.81 |
| Downside Target | 149.71 |
| Upside Target | 151.49 |
| Upside Target | 151.60 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 149.3 |
| Downside Intraday Target | 148.62 |
| Upside Intraday Target | 151.08 |
| Upside Intraday Target | 152.18 |
| Upside Intraday Target | 150.4 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Mar 2024 | 149.99 | 150.30 | 151.49 | 149.71 | 0.319 times |
| 22 Fri Mar 2024 | 150.32 | 148.14 | 151.60 | 142.84 | 0.58 times |
| 15 Fri Mar 2024 | 146.79 | 141.33 | 147.81 | 139.70 | 1.472 times |
| 08 Fri Mar 2024 | 141.68 | 137.61 | 143.75 | 136.36 | 1.078 times |
| 01 Fri Mar 2024 | 137.38 | 135.97 | 139.38 | 135.01 | 0.46 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 |
| 25 Mon Mar 2024 | 149.99 | 138.60 | 151.60 | 136.36 | 0.77 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 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 gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 and the buying is gaining 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 146.56 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 gaining 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 and the buying is gaining 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 146.56 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.