(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.
10 day averaged volume of Westlake Chemical is 25550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu Mar 2023 | 22.24 | 22.25 | 22.48 | 22.21 | 0.38 times |
| 29 Wed Mar 2023 | 22.17 | 22.45 | 22.48 | 21.90 | 1.186 times |
| 28 Tue Mar 2023 | 22.23 | 22.13 | 22.28 | 22.13 | 0.967 times |
| 27 Mon Mar 2023 | 22.00 | 21.93 | 22.27 | 21.79 | 0.474 times |
| 24 Fri Mar 2023 | 21.97 | 21.43 | 21.97 | 21.37 | 0.712 times |
| 23 Thu Mar 2023 | 21.65 | 21.76 | 22.20 | 21.54 | 0.904 times |
| 22 Wed Mar 2023 | 21.91 | 21.86 | 22.12 | 21.71 | 0.587 times |
| 21 Tue Mar 2023 | 21.85 | 22.04 | 22.33 | 21.76 | 0.642 times |
| 20 Mon Mar 2023 | 21.70 | 21.77 | 22.38 | 21.63 | 1.452 times |
| 17 Fri Mar 2023 | 21.57 | 21.39 | 21.95 | 21.21 | 2.474 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 22.3 as stoploss in an intra day sell trade for a target of 21.9. However, stock will show a bullish move above 22.3.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 18.58 |
| Downside Target | 21.18 |
| Upside Target | 22.55 |
| Upside Target | 22.59 |
| Upside Target | 22.75 |
| Upside Target | 22.96 |
| Upside Target | 23.66 |
| Upside Target | 23.80 |
| Upside Target | 24.00 |
| Upside Target | 25.26 |
| Upside Target | 26.00 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 21.86 |
| Downside Intraday Target | 21.48 |
| Upside Intraday Target | 22.55 |
| Upside Intraday Target | 22.86 |
| Downside Intraday Target | 22.17 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu Mar 2023 | 22.24 | 21.93 | 22.48 | 21.79 | 0.699 times |
| 24 Fri Mar 2023 | 21.97 | 21.77 | 22.38 | 21.37 | 0.294 times |
| 17 Fri Mar 2023 | 21.57 | 21.16 | 21.95 | 18.58 | 1.607 times |
| 10 Fri Mar 2023 | 21.90 | 22.60 | 22.75 | 21.52 | 0.49 times |
| 03 Fri Mar 2023 | 22.65 | 23.49 | 23.80 | 22.25 | 1.951 times |
Price has moved up 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 Thu Mar 2023 | 22.24 | 22.94 | 22.96 | 18.58 | 1.109 times |
| 28 Tue Feb 2023 | 22.94 | 24.90 | 25.26 | 22.59 | 1.321 times |
| 31 Tue Jan 2023 | 25.56 | 23.48 | 26.00 | 22.55 | 0.695 times |
| 30 Fri Dec 2022 | 23.50 | 23.09 | 23.66 | 21.18 | 1.017 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 13, 30, 41 | Sell |
| MACD | -1, -1 | Buy |
| Stochastics | 84 | Buy |
| CCI | 131 | Buy |
| RSI | 41 | Sell |
| OBV | -242800 | Sell |
| VWAP | 22 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 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 gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy signal is initial and weak.
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 moving up
CCI has generated a buy signal for Westlake Chemical in short term and BUY signal is strong.
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 21.85 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Daily charts
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