(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 2024-09-16 View latest technical analysis
10 day averaged volume of Westlake Chemical is 21290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 22.41 | 22.41 | 22.57 | 22.38 | 0.705 times |
| 13 Fri Sep 2024 | 22.41 | 22.29 | 22.47 | 22.29 | 0.474 times |
| 12 Thu Sep 2024 | 22.25 | 22.16 | 22.30 | 22.16 | 0.357 times |
| 11 Wed Sep 2024 | 22.15 | 22.10 | 22.24 | 21.26 | 0.46 times |
| 10 Tue Sep 2024 | 22.08 | 22.11 | 22.29 | 21.19 | 1.362 times |
| 09 Mon Sep 2024 | 22.21 | 22.13 | 22.33 | 22.10 | 1.259 times |
| 06 Fri Sep 2024 | 22.26 | 22.34 | 22.41 | 22.21 | 1.498 times |
| 05 Thu Sep 2024 | 22.39 | 22.40 | 22.51 | 22.27 | 1.179 times |
| 04 Wed Sep 2024 | 22.50 | 22.61 | 22.65 | 22.45 | 0.728 times |
| 03 Tue Sep 2024 | 22.73 | 22.27 | 22.75 | 22.27 | 1.353 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 22.3 as stoploss in an intra day buy trade for a target of 22.54. However, stock will show a bearish move below 22.3.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.19 |
| Upside Target | 22.65 |
| Upside Target | 22.75 |
| Upside Target | 22.80 |
| Upside Target | 23.19 |
| Upside Target | 23.32 |
| Upside Target | 23.41 |
| Upside Target | 23.60 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 22.34 |
| Downside Intraday Target | 22.26 |
| Upside Intraday Target | 22.53 |
| Upside Intraday Target | 22.64 |
| Upside Intraday Target | 22.45 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 22.41 | 22.41 | 22.57 | 22.38 | 0.18 times |
| 13 Fri Sep 2024 | 22.41 | 22.13 | 22.47 | 21.19 | 0.822 times |
| 06 Fri Sep 2024 | 22.26 | 22.27 | 22.75 | 22.21 | 3.58 times |
| 30 Fri Aug 2024 | 22.74 | 22.70 | 22.80 | 22.65 | 0.201 times |
| 30 Fri Aug 2024 | 22.74 | 22.45 | 23.19 | 22.42 | 1.344 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 |
| 16 Mon Sep 2024 | 22.41 | 22.27 | 22.75 | 21.19 | 0.329 times |
| 30 Fri Aug 2024 | 22.74 | 22.99 | 23.19 | 21.92 | 1.048 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 |
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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Westlake Chemical stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Westlake Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 22.34 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 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 negative.
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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Westlake Chemical stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Westlake Chemical Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 22.34 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.