(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 2024-08-14 View latest technical analysis
10 day averaged volume of Westlake Chemical is 490870
Date | Daily Closing Price | Open | High | Low | Volume |
14 Wed Aug 2024 | 144.68 | 145.44 | 145.44 | 143.26 | 0.448 times |
13 Tue Aug 2024 | 145.13 | 143.50 | 145.59 | 142.92 | 0.504 times |
12 Mon Aug 2024 | 142.62 | 146.20 | 146.26 | 142.22 | 0.726 times |
09 Fri Aug 2024 | 145.99 | 147.19 | 147.35 | 145.31 | 0.648 times |
08 Thu Aug 2024 | 146.83 | 145.71 | 146.93 | 144.07 | 1.015 times |
07 Wed Aug 2024 | 143.47 | 148.16 | 150.30 | 143.16 | 1.219 times |
06 Tue Aug 2024 | 144.01 | 135.34 | 147.48 | 135.34 | 1.934 times |
05 Mon Aug 2024 | 133.50 | 132.09 | 134.85 | 129.98 | 1.089 times |
02 Fri Aug 2024 | 137.06 | 140.57 | 140.57 | 136.63 | 1.137 times |
01 Thu Aug 2024 | 143.94 | 147.71 | 149.29 | 143.13 | 0.737 times |
My analysis of stock is bullish for shortterm, and stock might move up till 147.1 or till 151.1. Use a stoploss of 143.78 and if this stock hits its stoploss, then it can fall down till 140.44
Share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Target | 129.98 |
Downside Target | 136.63 |
Downside Target | 139.38 |
Downside Target | 142.22 |
Upside Target | 149.76 |
Upside Target | 150.30 |
Upside Target | 151.86 |
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 | 142.51 |
Downside Intraday Target | 140.35 |
Upside Intraday Target | 146.55 |
Upside Intraday Target | 148.43 |
Downside Intraday Target | 144.39 |
Weekly technical analysis of Westlake Chemical (WLK)
Date | Weekly Closing Price | Open | High | Low | Volume |
14 Wed Aug 2024 | 144.68 | 146.20 | 146.26 | 142.22 | 0.284 times |
09 Fri Aug 2024 | 145.99 | 132.09 | 150.30 | 129.98 | 1.401 times |
02 Fri Aug 2024 | 137.06 | 143.79 | 149.76 | 136.63 | 0.989 times |
26 Fri Jul 2024 | 143.03 | 146.31 | 146.55 | 139.42 | 0.944 times |
19 Fri Jul 2024 | 145.63 | 147.60 | 151.86 | 144.50 | 0.967 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 |
14 Wed Aug 2024 | 144.68 | 147.71 | 150.30 | 129.98 | 0.488 times |
31 Wed Jul 2024 | 147.86 | 145.37 | 151.86 | 139.38 | 0.793 times |
28 Fri Jun 2024 | 144.82 | 160.96 | 160.96 | 143.59 | 1.308 times |
31 Fri May 2024 | 160.56 | 150.06 | 161.31 | 144.27 | 0.921 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy 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 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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 142.31 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 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 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy 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 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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 142.31 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.