(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 2024-02-01 View latest technical analysis
10 day averaged volume of Westlake Chemical is 348790
Date | Daily Closing Price | Open | High | Low | Volume |
01 Thu Feb 2024 | 139.83 | 139.13 | 140.12 | 137.75 | 0.641 times |
31 Wed Jan 2024 | 138.35 | 141.92 | 142.00 | 138.32 | 0.851 times |
30 Tue Jan 2024 | 141.66 | 140.32 | 142.11 | 140.08 | 0.588 times |
29 Mon Jan 2024 | 141.18 | 141.35 | 141.35 | 139.42 | 0.53 times |
26 Fri Jan 2024 | 141.19 | 140.50 | 141.47 | 138.70 | 1.268 times |
25 Thu Jan 2024 | 138.38 | 138.78 | 139.80 | 137.66 | 1.364 times |
24 Wed Jan 2024 | 136.64 | 140.23 | 141.91 | 135.91 | 1.431 times |
23 Tue Jan 2024 | 140.47 | 140.89 | 142.62 | 139.98 | 0.911 times |
22 Mon Jan 2024 | 139.74 | 138.44 | 139.84 | 138.19 | 1.02 times |
19 Fri Jan 2024 | 138.48 | 136.98 | 138.54 | 135.78 | 1.027 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 140.1 as stoploss in an intra day sell trade for a target of 137.59. However, stock will show a bullish move above 140.1.
Share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Target | 112.77 |
Downside Target | 125.87 |
Downside Target | 131.38 |
Downside Target | 137.75 |
Downside Target | 138.27 |
Downside Target | 138.54 |
Upside Target | 140.12 |
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 | 137.68 |
Downside Intraday Target | 135.54 |
Upside Intraday Target | 142.04 |
Upside Intraday Target | 144.26 |
Upside Intraday Target | 139.9 |
Weekly technical analysis of Westlake Chemical (WLK)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Thu Feb 2024 | 139.83 | 141.35 | 142.11 | 137.75 | 0.435 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 |
01 Thu Feb 2024 | 139.83 | 139.13 | 140.12 | 137.75 | 0.035 times |
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 |
Scroll below to view daily charts
Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 SELL. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Westlake Chemical in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 139.29 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 SELL. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Westlake Chemical in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 139.29 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.