(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 2024-02-15 View latest technical analysis
10 day averaged volume of Westlake Chemical is 273310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Feb 2024 | 144.25 | 141.82 | 144.46 | 140.32 | 1.473 times |
| 14 Wed Feb 2024 | 141.19 | 141.00 | 142.17 | 139.69 | 1.334 times |
| 13 Tue Feb 2024 | 139.73 | 140.94 | 140.94 | 137.63 | 1.121 times |
| 12 Mon Feb 2024 | 143.94 | 142.29 | 144.82 | 142.10 | 0.964 times |
| 09 Fri Feb 2024 | 142.12 | 142.51 | 143.51 | 141.03 | 0.986 times |
| 08 Thu Feb 2024 | 142.80 | 141.23 | 143.45 | 140.03 | 1.141 times |
| 07 Wed Feb 2024 | 140.95 | 139.79 | 141.64 | 139.03 | 1.022 times |
| 06 Tue Feb 2024 | 139.36 | 138.65 | 140.66 | 137.98 | 0.726 times |
| 05 Mon Feb 2024 | 138.21 | 136.11 | 139.25 | 134.93 | 1.019 times |
| 02 Fri Feb 2024 | 138.54 | 137.80 | 139.16 | 136.12 | 0.869 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 144.7, for a target of 142.3 or 140.35
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 112.77 |
| Downside Target | 125.87 |
| Downside Target | 131.38 |
| Downside Target | 134.93 |
| Downside Target | 138.54 |
| Downside Target | 142.11 |
| Downside Target | 142.62 |
| Downside Target | 143.51 |
| Downside Target | 143.61 |
| Upside Target | 144.82 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 139.65 |
| Downside Intraday Target | 135.04 |
| Upside Intraday Target | 146.84 |
| Upside Intraday Target | 149.42 |
| Downside Intraday Target | 142.23 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Feb 2024 | 144.25 | 142.29 | 144.82 | 137.63 | 1 times |
| 09 Fri Feb 2024 | 142.12 | 136.11 | 143.51 | 134.93 | 1.165 times |
| 02 Fri Feb 2024 | 138.54 | 141.35 | 142.11 | 136.12 | 0.549 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 |
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 |
| 15 Thu Feb 2024 | 144.25 | 139.13 | 144.82 | 134.93 | 0.496 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy signal is strong.
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. 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 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 141.32 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy signal is strong.
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. 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 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 141.32 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.