(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 2024-05-10 View latest technical analysis
10 day averaged volume of Westlake Chemical is 284150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 22.40 | 21.69 | 22.46 | 21.69 | 1.947 times |
| 09 Thu May 2024 | 22.10 | 22.32 | 22.46 | 22.10 | 3.716 times |
| 08 Wed May 2024 | 22.00 | 22.05 | 22.55 | 22.00 | 3.834 times |
| 07 Tue May 2024 | 22.05 | 22.50 | 22.70 | 22.05 | 1.936 times |
| 06 Mon May 2024 | 22.38 | 22.08 | 22.50 | 22.08 | 0.088 times |
| 03 Fri May 2024 | 22.10 | 22.12 | 22.31 | 22.04 | 0.066 times |
| 02 Thu May 2024 | 22.46 | 21.96 | 22.46 | 21.96 | 0.108 times |
| 01 Wed May 2024 | 21.96 | 21.91 | 22.10 | 21.86 | 0.048 times |
| 30 Tue Apr 2024 | 21.86 | 21.77 | 22.03 | 21.75 | 0.11 times |
| 29 Mon Apr 2024 | 21.89 | 21.90 | 22.00 | 21.86 | 0.047 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 22.4, for a target of 22.2 or 21.99
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.60 |
| Downside Target | 22.18 |
| Downside Target | 22.36 |
| Upside Target | 22.46 |
| Upside Target | 22.58 |
| Upside Target | 22.70 |
| Upside Target | 23.01 |
| Upside Target | 23.62 |
| Upside Target | 23.68 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 21.83 |
| Downside Intraday Target | 21.25 |
| Upside Intraday Target | 22.84 |
| Upside Intraday Target | 23.27 |
| Downside Intraday Target | 22.26 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 22.40 | 22.08 | 22.70 | 21.69 | 30.396 times |
| 03 Fri May 2024 | 22.10 | 21.90 | 22.46 | 21.75 | 1.35 times |
| 26 Fri Apr 2024 | 21.92 | 21.70 | 22.07 | 21.70 | 0.605 times |
| 19 Fri Apr 2024 | 21.73 | 22.18 | 22.18 | 21.70 | 1.176 times |
| 12 Fri Apr 2024 | 21.98 | 22.17 | 22.36 | 21.92 | 0.947 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Westlake Chemical (WLKP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 22.40 | 21.91 | 22.70 | 21.69 | 6.849 times |
| 30 Tue Apr 2024 | 21.86 | 22.11 | 22.58 | 21.70 | 1.178 times |
| 28 Thu Mar 2024 | 22.20 | 22.47 | 23.01 | 21.75 | 0.567 times |
| 29 Thu Feb 2024 | 22.24 | 22.86 | 23.62 | 21.75 | 1.066 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 ( (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 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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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
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 22.11 and Westlake Chemical (WLKP) 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 (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 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 ( (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 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 ( (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 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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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
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 22.11 and Westlake Chemical (WLKP) 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 (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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.