(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 2024-01-11 View latest technical analysis
10 day averaged volume of Westlake Chemical is 233490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jan 2024 | 135.04 | 135.37 | 135.94 | 133.70 | 1.228 times |
| 10 Wed Jan 2024 | 135.42 | 134.28 | 135.44 | 133.59 | 0.821 times |
| 09 Tue Jan 2024 | 135.07 | 136.75 | 137.43 | 134.73 | 1.067 times |
| 08 Mon Jan 2024 | 138.07 | 137.87 | 138.27 | 137.01 | 0.863 times |
| 05 Fri Jan 2024 | 138.30 | 135.91 | 139.17 | 135.76 | 0.834 times |
| 04 Thu Jan 2024 | 136.79 | 138.39 | 139.56 | 136.48 | 1.267 times |
| 03 Wed Jan 2024 | 138.23 | 138.96 | 139.91 | 137.01 | 1.11 times |
| 02 Tue Jan 2024 | 140.75 | 140.33 | 141.37 | 139.79 | 0.818 times |
| 29 Fri Dec 2023 | 139.96 | 140.46 | 141.12 | 139.36 | 1.248 times |
| 29 Fri Dec 2023 | 139.96 | 140.46 | 141.12 | 139.36 | 1.248 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 134.4, for a target of 137.1 or 139.43
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 112.77 |
| Downside Target | 120.28 |
| Downside Target | 125.87 |
| Downside Target | 131.38 |
| Upside Target | 139.36 |
| Upside Target | 139.79 |
| Upside Target | 141.12 |
| Upside Target | 141.37 |
| Upside Target | 143.49 |
| Upside Target | 143.61 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 133 |
| Downside Intraday Target | 130.95 |
| Upside Intraday Target | 137.68 |
| Upside Intraday Target | 140.31 |
| Upside Intraday Target | 135.63 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jan 2024 | 135.04 | 137.87 | 138.27 | 133.59 | 0.988 times |
| 05 Fri Jan 2024 | 138.30 | 140.33 | 141.37 | 135.76 | 3.228 times |
| 29 Fri Dec 2023 | 139.96 | 140.46 | 141.12 | 139.36 | 0.406 times |
| 29 Fri Dec 2023 | 139.96 | 141.80 | 143.61 | 139.36 | 0.468 times |
| 22 Fri Dec 2023 | 141.09 | 141.74 | 143.49 | 139.79 | 0.621 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 |
| 11 Thu Jan 2024 | 135.04 | 140.33 | 141.37 | 133.59 | 0.275 times |
| 29 Fri Dec 2023 | 139.96 | 128.15 | 143.61 | 125.87 | 0.9 times |
| 30 Thu Nov 2023 | 128.39 | 115.08 | 131.38 | 113.95 | 0.816 times |
| 31 Tue Oct 2023 | 115.36 | 123.96 | 127.82 | 112.77 | 0.805 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 Strong 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 getting stronger in this stock.
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 buy signal for Westlake Chemical in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 137.74 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 Strong 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 getting stronger in this stock.
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 buy signal for Westlake Chemical in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 137.74 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.