(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 2024-04-22 View latest technical analysis
10 day averaged volume of Westlake Chemical is 458180
Date | Daily Closing Price | Open | High | Low | Volume |
22 Mon Apr 2024 | 149.68 | 150.43 | 151.07 | 148.36 | 0.926 times |
19 Fri Apr 2024 | 150.76 | 149.08 | 150.96 | 148.02 | 1.057 times |
18 Thu Apr 2024 | 148.94 | 152.37 | 152.37 | 148.21 | 1.079 times |
17 Wed Apr 2024 | 148.59 | 151.39 | 152.33 | 148.08 | 1.035 times |
16 Tue Apr 2024 | 150.17 | 152.04 | 152.04 | 148.36 | 0.983 times |
15 Mon Apr 2024 | 153.27 | 154.61 | 154.94 | 151.85 | 1.063 times |
12 Fri Apr 2024 | 153.46 | 154.86 | 155.47 | 152.91 | 0.755 times |
11 Thu Apr 2024 | 155.51 | 157.70 | 157.86 | 155.15 | 0.857 times |
10 Wed Apr 2024 | 157.49 | 158.96 | 161.13 | 155.46 | 1.132 times |
09 Tue Apr 2024 | 162.06 | 159.48 | 162.64 | 157.97 | 1.158 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 150, but if it comes above 150, then a intra day buy could be more profitable.
If you take a sell trade below 150, then use 150 as stoploss and 145.4 as target. However if you take a buy trade in stock , then use 150 as stoploss and 153.79 as target.
Share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Target | 118.64 |
Downside Target | 125.87 |
Downside Target | 132.20 |
Downside Target | 136.36 |
Downside Target | 142.62 |
Upside Target | 152.91 |
Upside Target | 153.14 |
Upside Target | 154.94 |
Upside Target | 160.94 |
Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Intraday Target | 148.34 |
Downside Intraday Target | 146.99 |
Upside Intraday Target | 151.05 |
Upside Intraday Target | 152.41 |
Upside Intraday Target | 149.7 |
Weekly technical analysis of Westlake Chemical (WLK)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Mon Apr 2024 | 149.68 | 150.43 | 151.07 | 148.36 | 0.177 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 |
05 Fri Apr 2024 | 160.47 | 152.91 | 160.94 | 151.25 | 1.566 times |
28 Thu Mar 2024 | 152.80 | 150.30 | 153.14 | 148.96 | 1.018 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 |
22 Mon Apr 2024 | 149.68 | 152.91 | 162.64 | 148.02 | 0.958 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 |
31 Wed Jan 2024 | 138.35 | 140.33 | 142.62 | 132.20 | 0.931 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 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 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 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 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.
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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 153.12 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 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 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 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 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 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 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.
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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 153.12 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.