(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 2024-01-18 View latest technical analysis
10 day averaged volume of Westlake Chemical is 239040
Date | Daily Closing Price | Open | High | Low | Volume |
18 Thu Jan 2024 | 136.27 | 134.80 | 136.78 | 133.62 | 1.475 times |
17 Wed Jan 2024 | 133.51 | 132.51 | 133.88 | 132.51 | 0.883 times |
16 Tue Jan 2024 | 135.02 | 133.14 | 135.26 | 132.20 | 1.455 times |
12 Fri Jan 2024 | 134.61 | 136.97 | 137.28 | 134.03 | 0.862 times |
12 Fri Jan 2024 | 134.61 | 136.97 | 137.28 | 134.03 | 0.862 times |
11 Thu Jan 2024 | 135.04 | 135.37 | 135.94 | 133.70 | 1.199 times |
10 Wed Jan 2024 | 135.42 | 134.28 | 135.44 | 133.59 | 0.802 times |
09 Tue Jan 2024 | 135.07 | 136.75 | 137.43 | 134.73 | 1.042 times |
08 Mon Jan 2024 | 138.07 | 137.87 | 138.27 | 137.01 | 0.843 times |
05 Fri Jan 2024 | 138.30 | 135.91 | 139.17 | 135.76 | 0.815 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 135.1 as stoploss in an intra day buy trade for a target of 137.98. However, stock will show a bearish move below 135.1.
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 | 136.78 |
Upside Target | 137.28 |
Upside Target | 138.27 |
Upside Target | 139.36 |
Upside Target | 141.12 |
Upside Target | 141.37 |
Upside Target | 143.61 |
Intraday share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Intraday Target | 133.39 |
Downside Intraday Target | 130.5 |
Upside Intraday Target | 137.97 |
Upside Intraday Target | 139.66 |
Downside Intraday Target | 135.08 |
Weekly technical analysis of Westlake Chemical (WLK)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Thu Jan 2024 | 136.27 | 133.14 | 136.78 | 132.20 | 4.424 times |
12 Fri Jan 2024 | 134.61 | 136.97 | 137.28 | 134.03 | 0.182 times |
12 Fri Jan 2024 | 134.61 | 137.87 | 138.27 | 133.59 | 1.207 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Westlake Chemical (WLK)
Date | Monthly Closing Price | Open | High | Low | Volume |
18 Thu Jan 2024 | 136.27 | 140.33 | 141.37 | 132.20 | 0.47 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 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 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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
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 135.55 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 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 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 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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
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 135.55 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.