(WLKP) Westlake Chemical complete technical analysis [charts+indicators] | Buy/Sell Westlake Chemical | (WLKP) share price targets
Complete technical analysis of Westlake Chemical (WLKP) by charts plus indicators, forecast predictions and share price targets for Westlake Chemical (WLKP)
Westlake Chemical trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-03-05 View latest technical analysis
10 day averaged volume of Westlake Chemical is 33500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 22.21 | 22.24 | 22.39 | 22.16 | 0.606 times |
| 04 Mon Mar 2024 | 22.23 | 22.28 | 22.48 | 22.23 | 0.427 times |
| 01 Fri Mar 2024 | 22.39 | 22.47 | 22.49 | 22.29 | 0.418 times |
| 29 Thu Feb 2024 | 22.24 | 22.09 | 22.38 | 22.09 | 1.104 times |
| 28 Wed Feb 2024 | 22.08 | 22.38 | 22.42 | 22.08 | 1.301 times |
| 27 Tue Feb 2024 | 22.21 | 22.70 | 22.70 | 22.21 | 1.406 times |
| 26 Mon Feb 2024 | 22.69 | 22.37 | 22.91 | 22.27 | 0.967 times |
| 23 Fri Feb 2024 | 22.37 | 22.52 | 22.53 | 22.24 | 0.504 times |
| 22 Thu Feb 2024 | 22.61 | 21.86 | 22.93 | 21.86 | 1.242 times |
| 21 Wed Feb 2024 | 21.93 | 21.95 | 22.32 | 21.87 | 0.97 times |
My analysis of stock is bullish for shortterm, and stock might move up till 22.4 or till 22.7. Use a stoploss of 22.17 and if this stock hits its stoploss, then it can fall down till 21.95
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.16 |
| Upside Target | 22.48 |
| Upside Target | 22.49 |
| Upside Target | 22.69 |
| Upside Target | 22.77 |
| Upside Target | 22.84 |
| Upside Target | 22.91 |
| Upside Target | 22.93 |
| Upside Target | 23.62 |
| Upside Target | 23.68 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 22.09 |
| Downside Intraday Target | 21.96 |
| Upside Intraday Target | 22.41 |
| Upside Intraday Target | 22.6 |
| Upside Intraday Target | 22.28 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 22.21 | 22.28 | 22.48 | 22.16 | 0.199 times |
| 01 Fri Mar 2024 | 22.39 | 22.37 | 22.91 | 22.08 | 1.188 times |
| 23 Fri Feb 2024 | 22.37 | 22.50 | 22.93 | 21.83 | 1.423 times |
| 16 Fri Feb 2024 | 22.31 | 21.96 | 22.69 | 21.75 | 0.708 times |
| 09 Fri Feb 2024 | 21.99 | 22.47 | 22.47 | 21.90 | 0.481 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 (WLKP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 22.21 | 22.47 | 22.49 | 22.16 | 0.067 times |
| 29 Thu Feb 2024 | 22.24 | 22.86 | 23.62 | 21.75 | 1.066 times |
| 31 Wed Jan 2024 | 23.38 | 21.77 | 23.68 | 21.60 | 0.891 times |
| 29 Fri Dec 2023 | 21.65 | 22.64 | 22.77 | 21.50 | 0.939 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 (WLKP)
Price action analysis of Westlake Chemical ( (WLKP) ) 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 ( (WLKP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Westlake Chemical ( (WLKP) ) 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 ( (WLKP) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong 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. 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 but selling 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 22.29 and Westlake Chemical (WLKP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Westlake Chemical (WLKP) stock. Volume based technical analysis of Westlake Chemical (WLKP) 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 ( (WLKP) ) 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 ( (WLKP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Westlake Chemical ( (WLKP) ) 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 ( (WLKP) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong 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. 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 but selling 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 22.29 and Westlake Chemical (WLKP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Westlake Chemical (WLKP) stock. Volume based technical analysis of Westlake Chemical (WLKP) 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.