(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 2024-08-01 View latest technical analysis
10 day averaged volume of Westlake Chemical is 24060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 22.95 | 22.99 | 22.99 | 22.90 | 0.823 times |
| 31 Wed Jul 2024 | 22.93 | 22.81 | 23.03 | 22.78 | 0.902 times |
| 30 Tue Jul 2024 | 22.87 | 23.00 | 23.00 | 22.84 | 0.852 times |
| 29 Mon Jul 2024 | 22.91 | 23.10 | 23.12 | 22.90 | 1.106 times |
| 26 Fri Jul 2024 | 23.04 | 23.14 | 23.17 | 22.75 | 0.52 times |
| 25 Thu Jul 2024 | 23.03 | 23.06 | 23.20 | 23.00 | 0.661 times |
| 24 Wed Jul 2024 | 23.00 | 23.05 | 23.20 | 22.97 | 0.615 times |
| 23 Tue Jul 2024 | 23.11 | 23.02 | 23.23 | 22.80 | 2.598 times |
| 22 Mon Jul 2024 | 23.10 | 23.56 | 23.56 | 23.05 | 1.014 times |
| 19 Fri Jul 2024 | 23.33 | 23.44 | 23.57 | 23.28 | 0.723 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 22.9 as stoploss in an intra day buy trade for a target of 23.07. However, stock will show a bearish move below 22.9.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.57 |
| Downside Target | 22.40 |
| Upside Target | 22.99 |
| 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 | 22.78 |
| Downside Intraday Target | 22.61 |
| Upside Intraday Target | 23.12 |
| Upside Intraday Target | 23.29 |
| Upside Intraday Target | 22.95 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 22.95 | 23.10 | 23.12 | 22.78 | 0.681 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 |
| 01 Thu Aug 2024 | 22.95 | 22.99 | 22.99 | 22.90 | 0.034 times |
| 31 Wed Jul 2024 | 22.93 | 22.69 | 23.60 | 22.40 | 1.148 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 |
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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Westlake Chemical in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 23.04 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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Westlake Chemical in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 23.04 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.