(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 2024-05-21 View latest technical analysis
10 day averaged volume of Westlake Chemical is 443719
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 22.35 | 22.25 | 22.39 | 22.10 | 0.051 times |
| 20 Mon May 2024 | 22.25 | 22.29 | 22.37 | 22.19 | 0.051 times |
| 17 Fri May 2024 | 22.29 | 22.39 | 22.39 | 22.26 | 0.033 times |
| 16 Thu May 2024 | 22.23 | 22.31 | 22.45 | 22.19 | 0.067 times |
| 15 Wed May 2024 | 22.32 | 22.48 | 22.48 | 22.22 | 0.089 times |
| 14 Tue May 2024 | 22.22 | 22.32 | 22.37 | 22.14 | 1.231 times |
| 13 Mon May 2024 | 22.19 | 22.40 | 22.41 | 22.19 | 1.208 times |
| 10 Fri May 2024 | 22.40 | 21.69 | 22.46 | 21.69 | 1.247 times |
| 09 Thu May 2024 | 22.10 | 22.32 | 22.46 | 22.10 | 2.38 times |
| 08 Wed May 2024 | 22.00 | 22.05 | 22.55 | 22.00 | 2.455 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22.3, but if it comes below 22.3, then a intra day sell could be more profitable.
If you take a sell trade below 22.3, then use 22.3 as stoploss and 22.14 as target. However if you take a buy trade in stock , then use 22.3 as stoploss and 22.5 as target.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.60 |
| Upside Target | 22.39 |
| Upside Target | 22.46 |
| Upside Target | 22.48 |
| 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 | 22.17 |
| Downside Intraday Target | 21.99 |
| Upside Intraday Target | 22.46 |
| Upside Intraday Target | 22.57 |
| Downside Intraday Target | 22.28 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 22.35 | 22.29 | 22.39 | 22.10 | 0.039 times |
| 17 Fri May 2024 | 22.29 | 22.40 | 22.48 | 22.14 | 0.356 times |
| 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 |
Price has moved up 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 |
| 21 Tue May 2024 | 22.35 | 21.91 | 22.70 | 21.69 | 9.334 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 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 neutral. A longer time frame might give a better analysis.
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 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. Bulls are getting stronger in this stock.
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 buy signal for Westlake Chemical in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 22.15 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 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 neutral. A longer time frame might give a better analysis.
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 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. Bulls are getting stronger in this stock.
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 buy signal for Westlake Chemical in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 22.15 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.