(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 2024-06-05 View latest technical analysis
10 day averaged volume of Westlake Chemical is 45810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 22.87 | 22.72 | 22.87 | 22.57 | 0.74 times |
| 04 Tue Jun 2024 | 22.69 | 23.12 | 23.20 | 22.58 | 0.812 times |
| 03 Mon Jun 2024 | 23.17 | 23.32 | 23.32 | 22.94 | 0.764 times |
| 31 Fri May 2024 | 23.37 | 22.24 | 23.41 | 22.24 | 3.787 times |
| 30 Thu May 2024 | 22.30 | 22.45 | 22.45 | 22.22 | 0.456 times |
| 29 Wed May 2024 | 22.44 | 22.64 | 22.64 | 22.37 | 0.808 times |
| 28 Tue May 2024 | 22.67 | 22.39 | 22.68 | 22.39 | 0.775 times |
| 24 Fri May 2024 | 22.54 | 22.30 | 22.61 | 22.26 | 0.637 times |
| 23 Thu May 2024 | 22.35 | 22.34 | 22.35 | 22.10 | 0.838 times |
| 22 Wed May 2024 | 22.34 | 22.15 | 22.35 | 22.15 | 0.631 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22.8, but if it comes below 22.8, then a intra day sell could be more profitable.
If you take a sell trade below 22.8, then use 22.8 as stoploss and 22.45 as target. However if you take a buy trade in stock , then use 22.8 as stoploss and 23.2 as target.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.69 |
| Downside Target | 22.58 |
| Downside Target | 22.61 |
| Downside Target | 22.70 |
| Upside Target | 23.01 |
| Upside Target | 23.32 |
| Upside Target | 23.41 |
| Upside Target | 23.62 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 22.52 |
| Downside Intraday Target | 22.17 |
| Upside Intraday Target | 23.27 |
| Upside Intraday Target | 23.67 |
| Upside Intraday Target | 22.92 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 22.87 | 23.32 | 23.32 | 22.57 | 0.398 times |
| 31 Fri May 2024 | 23.37 | 22.39 | 23.41 | 22.22 | 1.885 times |
| 24 Fri May 2024 | 22.54 | 22.29 | 22.61 | 22.10 | 0.121 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 |
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 Wed Jun 2024 | 22.87 | 23.32 | 23.32 | 22.57 | 0.022 times |
| 31 Fri May 2024 | 23.37 | 21.91 | 23.41 | 21.69 | 10.08 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 |
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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong 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. 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 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 but buying is losing 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 22.89 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 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong 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. 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 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 but buying is losing 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 22.89 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.