(WLK) Westlake Chemical complete technical analysis [charts+indicators] | Buy/Sell Westlake Chemical | (WLK) share price targets
Complete technical analysis of Westlake Chemical (WLK) by charts plus indicators, forecast predictions and share price targets for Westlake Chemical (WLK)
Westlake Chemical trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-06-06 View latest technical analysis
10 day averaged volume of Westlake Chemical is 335980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 154.28 | 156.47 | 156.95 | 152.32 | 1.148 times |
| 05 Wed Jun 2024 | 156.51 | 154.36 | 156.81 | 153.62 | 0.92 times |
| 04 Tue Jun 2024 | 154.23 | 155.43 | 155.92 | 154.21 | 1.143 times |
| 03 Mon Jun 2024 | 156.65 | 160.96 | 160.96 | 155.03 | 0.934 times |
| 31 Fri May 2024 | 160.56 | 159.61 | 161.24 | 158.03 | 1.032 times |
| 30 Thu May 2024 | 159.48 | 157.06 | 159.54 | 154.85 | 0.874 times |
| 29 Wed May 2024 | 156.71 | 157.13 | 157.74 | 156.23 | 0.851 times |
| 28 Tue May 2024 | 158.96 | 159.36 | 161.31 | 158.79 | 1.04 times |
| 24 Fri May 2024 | 158.56 | 157.78 | 158.85 | 157.43 | 0.696 times |
| 23 Thu May 2024 | 156.70 | 157.65 | 157.76 | 155.42 | 1.022 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 155.6, but if it comes above 155.6, then a intra day buy could be more profitable.
If you take a sell trade below 155.6, then use 155.6 as stoploss and 153.4 as target. However if you take a buy trade in stock , then use 155.6 as stoploss and 157.43 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 118.64 |
| Downside Target | 136.36 |
| Downside Target | 144.27 |
| Downside Target | 152.07 |
| Upside Target | 158.58 |
| Upside Target | 159.35 |
| Upside Target | 160.96 |
| Upside Target | 161.25 |
| Upside Target | 161.31 |
| Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 150.75 |
| Downside Intraday Target | 147.21 |
| Upside Intraday Target | 159.39 |
| Upside Intraday Target | 164.49 |
| Upside Intraday Target | 155.85 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 154.28 | 160.96 | 160.96 | 152.32 | 1.092 times |
| 31 Fri May 2024 | 160.56 | 159.36 | 161.31 | 154.85 | 0.599 times |
| 24 Fri May 2024 | 158.56 | 157.25 | 161.25 | 155.42 | 1.281 times |
| 17 Fri May 2024 | 157.83 | 158.74 | 159.35 | 155.03 | 0.714 times |
| 10 Fri May 2024 | 158.15 | 153.79 | 158.58 | 152.07 | 0.874 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 (WLK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 154.28 | 160.96 | 160.96 | 152.32 | 0.152 times |
| 31 Fri May 2024 | 160.56 | 150.06 | 161.31 | 144.27 | 0.921 times |
| 30 Tue Apr 2024 | 147.36 | 152.91 | 162.64 | 146.62 | 1.281 times |
| 28 Thu Mar 2024 | 152.80 | 138.60 | 153.14 | 136.36 | 0.893 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 (WLK)
Price action analysis of Westlake Chemical ( (WLK) ) 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 ( (WLK) ) 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 ( (WLK) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Westlake Chemical ( (WLK) ) 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 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 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 157.14 and Westlake Chemical (WLK) 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 (WLK) stock. Volume based technical analysis of Westlake Chemical (WLK) 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 ( (WLK) ) 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 ( (WLK) ) 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 ( (WLK) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Westlake Chemical ( (WLK) ) 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 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 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 157.14 and Westlake Chemical (WLK) 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 (WLK) stock. Volume based technical analysis of Westlake Chemical (WLK) 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.