(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 2024-01-31 View latest technical analysis
10 day averaged volume of Westlake Chemical is 340230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 138.35 | 141.92 | 142.00 | 138.32 | 0.872 times |
| 30 Tue Jan 2024 | 141.66 | 140.32 | 142.11 | 140.08 | 0.603 times |
| 29 Mon Jan 2024 | 141.18 | 141.35 | 141.35 | 139.42 | 0.543 times |
| 26 Fri Jan 2024 | 141.19 | 140.50 | 141.47 | 138.70 | 1.299 times |
| 25 Thu Jan 2024 | 138.38 | 138.78 | 139.80 | 137.66 | 1.399 times |
| 24 Wed Jan 2024 | 136.64 | 140.23 | 141.91 | 135.91 | 1.467 times |
| 23 Tue Jan 2024 | 140.47 | 140.89 | 142.62 | 139.98 | 0.934 times |
| 22 Mon Jan 2024 | 139.74 | 138.44 | 139.84 | 138.19 | 1.046 times |
| 19 Fri Jan 2024 | 138.48 | 136.98 | 138.54 | 135.78 | 1.053 times |
| 18 Thu Jan 2024 | 136.27 | 134.80 | 136.78 | 133.62 | 1.036 times |
My analysis of stock is bullish for shortterm, and stock might move up till 139.9 or till 142.8. Use a stoploss of 137.44 and if this stock hits its stoploss, then it can fall down till 135
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 | 138.27 |
| Downside Target | 138.32 |
| Upside Target | 138.54 |
| Upside Target | 142.11 |
| Upside Target | 142.62 |
| Upside Target | 143.61 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 137.08 |
| Downside Intraday Target | 135.8 |
| Upside Intraday Target | 140.87 |
| Upside Intraday Target | 143.38 |
| Upside Intraday Target | 139.59 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 138.35 | 141.35 | 142.11 | 138.32 | 0.328 times |
| 26 Fri Jan 2024 | 141.19 | 138.44 | 142.62 | 135.91 | 1.647 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 |
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 |
| 31 Wed Jan 2024 | 138.35 | 140.33 | 142.62 | 132.20 | 0.931 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 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 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 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 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 BUY signal for Westlake Chemical in short term and the buy signal is strong.
Westlake Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.
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 138.95 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 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 BUY signal for Westlake Chemical in short term and the buy signal is strong.
Westlake Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.
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 138.95 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.