(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 2024-08-07 View latest technical analysis
10 day averaged volume of Westlake Chemical is 23650
Date | Daily Closing Price | Open | High | Low | Volume |
07 Wed Aug 2024 | 22.69 | 23.14 | 23.14 | 21.92 | 1.4 times |
06 Tue Aug 2024 | 23.00 | 22.80 | 23.19 | 22.77 | 1.011 times |
05 Mon Aug 2024 | 22.70 | 22.70 | 22.90 | 22.36 | 2.199 times |
02 Fri Aug 2024 | 22.98 | 22.94 | 23.04 | 22.83 | 1.218 times |
01 Thu Aug 2024 | 22.95 | 22.99 | 22.99 | 22.90 | 0.837 times |
31 Wed Jul 2024 | 22.93 | 22.81 | 23.03 | 22.78 | 0.918 times |
30 Tue Jul 2024 | 22.87 | 23.00 | 23.00 | 22.84 | 0.867 times |
29 Mon Jul 2024 | 22.91 | 23.10 | 23.12 | 22.90 | 1.125 times |
26 Fri Jul 2024 | 23.04 | 23.14 | 23.17 | 22.75 | 0.529 times |
25 Thu Jul 2024 | 23.03 | 23.06 | 23.20 | 23.00 | 0.672 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 22.6, for a target of 22.9 or 23.06
Share price targets for Westlake Chemical (WLKP)
Target Type | Value |
Downside Target | 21.57 |
Downside Target | 22.40 |
Upside Target | 23.12 |
Upside Target | 23.18 |
Upside Target | 23.19 |
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 | 22.01 |
Downside Intraday Target | 21.33 |
Upside Intraday Target | 23.28 |
Upside Intraday Target | 23.87 |
Downside Intraday Target | 22.6 |
Weekly technical analysis of Westlake Chemical (WLKP)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Wed Aug 2024 | 22.69 | 22.70 | 23.19 | 21.92 | 0.928 times |
02 Fri Aug 2024 | 22.98 | 23.10 | 23.12 | 22.78 | 0.902 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 |
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 |
07 Wed Aug 2024 | 22.69 | 22.99 | 23.19 | 21.92 | 0.272 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 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 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 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 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 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 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 green color and prices are above 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 and selling is picking up 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 22.87 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 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 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 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 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 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 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 green color and prices are above 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 and selling is picking up 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 22.87 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.