(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 2024-06-21 View latest technical analysis
10 day averaged volume of Westlake Chemical is 512570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 147.97 | 149.98 | 150.83 | 147.14 | 4.757 times |
| 20 Thu Jun 2024 | 150.11 | 150.82 | 151.81 | 149.92 | 1.114 times |
| 18 Tue Jun 2024 | 151.04 | 150.70 | 152.13 | 148.87 | 1 times |
| 18 Tue Jun 2024 | 151.04 | 150.70 | 152.13 | 148.87 | 1 times |
| 17 Mon Jun 2024 | 150.37 | 149.74 | 151.72 | 146.87 | 1.129 times |
| 14 Fri Jun 2024 | 149.83 | 151.79 | 151.79 | 148.43 | 0.593 times |
| 13 Thu Jun 2024 | 153.22 | 151.08 | 153.49 | 148.19 | 1.137 times |
| 12 Wed Jun 2024 | 152.86 | 155.33 | 156.64 | 151.89 | 1.122 times |
| 11 Tue Jun 2024 | 152.07 | 149.67 | 152.56 | 148.43 | 1.132 times |
| 10 Mon Jun 2024 | 150.29 | 152.34 | 152.34 | 150.21 | 0.99 times |
Stock of Westlake Chemical (WLK) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 150.3, but if it comes above 150.3, then a intra day buy could be more profitable.
If you take a sell trade below 150.3, then use 150.3 as stoploss and 146 as target. However if you take a buy trade in stock , then use 150.3 as stoploss and 153.89 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 118.64 |
| Downside Target | 136.36 |
| Downside Target | 144.27 |
| Upside Target | 151.96 |
| Upside Target | 153.14 |
| Upside Target | 154.85 |
| Upside Target | 156.64 |
| Upside Target | 160.96 |
| Upside Target | 161.31 |
| Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 146.03 |
| Downside Intraday Target | 144.09 |
| Upside Intraday Target | 151.02 |
| Upside Intraday Target | 154.07 |
| Upside Intraday Target | 149.08 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 147.97 | 150.70 | 152.13 | 147.14 | 3.227 times |
| 18 Tue Jun 2024 | 151.04 | 149.74 | 152.13 | 146.87 | 0.428 times |
| 14 Fri Jun 2024 | 149.83 | 152.34 | 156.64 | 148.19 | 1.421 times |
| 07 Fri Jun 2024 | 153.01 | 160.96 | 160.96 | 151.96 | 1.406 times |
| 31 Fri May 2024 | 160.56 | 159.36 | 161.31 | 154.85 | 0.599 times |
Price has moved down 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 |
| 21 Fri Jun 2024 | 147.97 | 160.96 | 160.96 | 146.87 | 0.977 times |
| 31 Fri May 2024 | 160.56 | 150.06 | 161.31 | 144.27 | 0.921 times |
| 30 Tue Apr 2024 | 147.36 | 152.91 | 162.64 | 146.62 | 1.281 times |
| 28 Thu Mar 2024 | 152.80 | 138.60 | 153.14 | 136.36 | 0.893 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Westlake Chemical stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Westlake Chemical in short term and the sell signal is strong.
Westlake Chemical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Westlake Chemical in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 150.17 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Westlake Chemical stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Westlake Chemical in short term and the sell signal is strong.
Westlake Chemical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Westlake Chemical in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 150.17 and Westlake Chemical (WLK) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.