(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 688490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 142.00 | 143.30 | 144.18 | 140.76 | 0.518 times |
| 03 Wed Jul 2024 | 144.11 | 142.99 | 145.12 | 142.81 | 0.364 times |
| 03 Wed Jul 2024 | 144.11 | 142.99 | 145.12 | 142.81 | 0.364 times |
| 02 Tue Jul 2024 | 142.75 | 143.28 | 144.17 | 141.73 | 0.736 times |
| 01 Mon Jul 2024 | 143.32 | 145.37 | 147.12 | 142.60 | 0.582 times |
| 28 Fri Jun 2024 | 144.82 | 146.29 | 147.72 | 144.06 | 0.878 times |
| 27 Thu Jun 2024 | 146.00 | 147.86 | 147.86 | 145.02 | 0.923 times |
| 26 Wed Jun 2024 | 146.60 | 145.43 | 147.02 | 143.59 | 0.767 times |
| 25 Tue Jun 2024 | 146.38 | 149.05 | 149.52 | 145.64 | 0.962 times |
| 24 Mon Jun 2024 | 150.46 | 149.06 | 150.98 | 148.14 | 0.883 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 144.5, but if it comes above 144.5, then a intra day buy could be more profitable.
If you take a sell trade below 144.5, then use 144.5 as stoploss and 140.3 as target. However if you take a buy trade in stock , then use 144.5 as stoploss and 147.97 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 136.36 |
| Downside Target | 140.76 |
| Upside Target | 147.12 |
| Upside Target | 147.14 |
| Upside Target | 150.98 |
| Upside Target | 152.13 |
| Upside Target | 153.14 |
| Upside Target | 160.96 |
| Upside Target | 161.31 |
| Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 140.13 |
| Downside Intraday Target | 138.27 |
| Upside Intraday Target | 144.49 |
| Upside Intraday Target | 146.99 |
| Upside Intraday Target | 142.63 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 142.00 | 142.99 | 145.12 | 140.76 | 0.524 times |
| 03 Wed Jul 2024 | 144.11 | 145.37 | 147.12 | 141.73 | 0.381 times |
| 28 Fri Jun 2024 | 144.82 | 149.06 | 150.98 | 143.59 | 0.863 times |
| 21 Fri Jun 2024 | 147.97 | 150.70 | 152.13 | 147.14 | 3.227 times |
| 18 Tue Jun 2024 | 151.04 | 149.74 | 152.13 | 146.87 | 0.428 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 |
| 05 Fri Jul 2024 | 142.00 | 145.37 | 147.12 | 140.76 | 0.147 times |
| 28 Fri Jun 2024 | 144.82 | 160.96 | 160.96 | 143.59 | 1.308 times |
| 31 Fri May 2024 | 160.56 | 150.06 | 161.31 | 144.27 | 0.921 times |
| 30 Tue Apr 2024 | 147.36 | 152.91 | 162.64 | 146.62 | 1.281 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 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 SELL signal for Westlake Chemical in short term and the sell signal is strong.
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 and selling is picking up 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 145.47 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 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 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 SELL signal for Westlake Chemical in short term and the sell signal is strong.
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 and selling is picking up 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 145.47 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.