(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 2024-01-22 View latest technical analysis
10 day averaged volume of Westlake Chemical is 261050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jan 2024 | 139.74 | 138.44 | 139.84 | 138.19 | 1.363 times |
| 19 Fri Jan 2024 | 138.48 | 136.98 | 138.54 | 135.78 | 1.372 times |
| 18 Thu Jan 2024 | 136.27 | 134.80 | 136.78 | 133.62 | 1.35 times |
| 17 Wed Jan 2024 | 133.51 | 132.51 | 133.88 | 132.51 | 0.809 times |
| 16 Tue Jan 2024 | 135.02 | 133.14 | 135.26 | 132.20 | 1.332 times |
| 12 Fri Jan 2024 | 134.61 | 136.97 | 137.28 | 134.03 | 0.789 times |
| 12 Fri Jan 2024 | 134.61 | 136.97 | 137.28 | 134.03 | 0.789 times |
| 11 Thu Jan 2024 | 135.04 | 135.37 | 135.94 | 133.70 | 1.098 times |
| 10 Wed Jan 2024 | 135.42 | 134.28 | 135.44 | 133.59 | 0.734 times |
| 09 Tue Jan 2024 | 135.07 | 136.75 | 137.43 | 134.73 | 0.954 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 140.5 as stoploss in an intra day sell trade for a target of 137.79. However, stock will show a bullish move above 140.5.
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 |
| Downside Target | 137.28 |
| Downside Target | 138.19 |
| Downside Target | 138.27 |
| Downside Target | 138.54 |
| Upside Target | 139.84 |
| Upside Target | 141.37 |
| Upside Target | 143.61 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 138.67 |
| Downside Intraday Target | 137.61 |
| Upside Intraday Target | 140.32 |
| Upside Intraday Target | 140.91 |
| Downside Intraday Target | 139.26 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jan 2024 | 139.74 | 138.44 | 139.84 | 138.19 | 0.28 times |
| 19 Fri Jan 2024 | 138.48 | 133.14 | 138.54 | 132.20 | 6.163 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 |
Price has moved up 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 Jan 2024 | 139.74 | 140.33 | 141.37 | 132.20 | 0.575 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 but buying is losing 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 136.09 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 but buying is losing 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 136.09 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.