(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 2024-07-30 View latest technical analysis
10 day averaged volume of Westlake Chemical is 23390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Jul 2024 | 22.87 | 23.00 | 23.00 | 22.84 | 0.876 times |
| 29 Mon Jul 2024 | 22.91 | 23.10 | 23.12 | 22.90 | 1.137 times |
| 26 Fri Jul 2024 | 23.04 | 23.14 | 23.17 | 22.75 | 0.534 times |
| 25 Thu Jul 2024 | 23.03 | 23.06 | 23.20 | 23.00 | 0.68 times |
| 24 Wed Jul 2024 | 23.00 | 23.05 | 23.20 | 22.97 | 0.633 times |
| 23 Tue Jul 2024 | 23.11 | 23.02 | 23.23 | 22.80 | 2.672 times |
| 22 Mon Jul 2024 | 23.10 | 23.56 | 23.56 | 23.05 | 1.043 times |
| 19 Fri Jul 2024 | 23.33 | 23.44 | 23.57 | 23.28 | 0.744 times |
| 18 Thu Jul 2024 | 23.40 | 23.40 | 23.60 | 23.33 | 1.039 times |
| 17 Wed Jul 2024 | 23.31 | 23.39 | 23.50 | 23.28 | 0.547 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.9, but if it comes above 22.9, then a intra day buy could be more profitable.
If you take a sell trade below 22.9, then use 22.9 as stoploss and 22.6 as target. However if you take a buy trade in stock , then use 22.9 as stoploss and 23.07 as target.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.57 |
| Downside Target | 22.40 |
| Upside Target | 23.01 |
| Upside Target | 23.12 |
| Upside Target | 23.18 |
| Upside Target | 23.23 |
| Upside Target | 23.32 |
| Upside Target | 23.41 |
| Upside Target | 23.56 |
| Upside Target | 23.60 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 22.77 |
| Downside Intraday Target | 22.66 |
| Upside Intraday Target | 23.05 |
| Upside Intraday Target | 23.22 |
| Upside Intraday Target | 22.94 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Jul 2024 | 22.87 | 23.10 | 23.12 | 22.84 | 0.362 times |
| 26 Fri Jul 2024 | 23.04 | 23.56 | 23.56 | 22.75 | 0.985 times |
| 19 Fri Jul 2024 | 23.33 | 22.78 | 23.60 | 22.75 | 0.832 times |
| 12 Fri Jul 2024 | 22.97 | 23.18 | 23.18 | 22.60 | 6.057 times |
| 05 Fri Jul 2024 | 22.98 | 23.03 | 23.23 | 22.77 | 0.413 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 |
| 30 Tue Jul 2024 | 22.87 | 22.69 | 23.60 | 22.40 | 1.105 times |
| 28 Fri Jun 2024 | 22.58 | 23.32 | 23.32 | 21.57 | 0.103 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 |
Scroll below to view daily charts
Price has moved up 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 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 ( (WLKP) ) 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 ( (WLKP) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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
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 23.11 and Westlake Chemical (WLKP) 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 (WLKP) stock. Volume based technical analysis of Westlake Chemical (WLKP) stock is negative.
Westlake Chemical Stock has given negative 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 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 ( (WLKP) ) 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 ( (WLKP) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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
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 23.11 and Westlake Chemical (WLKP) 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 (WLKP) stock. Volume based technical analysis of Westlake Chemical (WLKP) stock is negative.
Westlake Chemical Stock has given negative 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.