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(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 2025-02-04 View latest technical analysis

10 day averaged volume of Westlake Chemical is 568780

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	111.23	109.32	111.66	109.24	1.061 times
03 Mon Feb 2025	110.57	111.60	112.50	108.56	1.067 times
31 Fri Jan 2025	114.27	115.14	115.98	113.29	2.243 times
30 Thu Jan 2025	115.84	117.00	117.89	113.54	1.081 times
29 Wed Jan 2025	117.08	116.28	118.63	116.03	0.766 times
28 Tue Jan 2025	116.90	119.85	119.86	116.88	1.019 times
27 Mon Jan 2025	117.57	118.25	118.69	115.81	1.071 times
24 Fri Jan 2025	117.66	118.41	119.32	117.39	0.781 times
23 Thu Jan 2025	118.26	117.41	118.41	116.39	0.875 times
22 Wed Jan 2025	117.74	118.96	118.96	117.69	0.397 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 112.3, but if it comes above 112.3, then a intra day buy could be more profitable.
If you take a sell trade below 112.3, then use 112.3 as stoploss and 108.6 as target. However if you take a buy trade in stock , then use 112.3 as stoploss and 115.3 as target.

Share price targets for Westlake Chemical (WLK)

Target Type	Value
Downside Target	108.56
Upside Target	112.50
Upside Target	116.39
Upside Target	119.54
Upside Target	119.86
Upside Target	125.28
Upside Target	129.25
Upside Target	131.07
Upside Target	139.59
Upside Target	150.85

Intraday share price targets for Westlake Chemical (WLK)

Target Type	Value
Downside Intraday Target	109.03
Downside Intraday Target	106.82
Upside Intraday Target	112.97
Upside Intraday Target	114.7
Downside Intraday Target	110.76

Weekly technical analysis of Westlake Chemical (WLK)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	111.23	111.60	112.50	108.56	0.344 times
31 Fri Jan 2025	114.27	118.25	119.86	113.29	2.244 times
24 Fri Jan 2025	117.66	118.84	119.54	116.39	4.408 times
17 Fri Jan 2025	117.96	118.82	118.89	117.32	0.153 times
17 Fri Jan 2025	117.96	109.86	118.89	109.02	1.62 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
04 Tue Feb 2025	111.23	111.60	112.50	108.56	0.102 times
31 Fri Jan 2025	114.27	114.92	119.86	108.95	1.2 times
31 Tue Dec 2024	114.65	129.25	129.25	112.63	0.858 times
26 Tue Nov 2024	128.19	131.75	139.59	125.28	1.265 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 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 losing 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 moving up

CCI has generated a buy signal for Westlake Chemical in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 115.27 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.