(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 2024-07-29 View latest technical analysis
10 day averaged volume of Westlake Chemical is 430680
Date | Daily Closing Price | Open | High | Low | Volume |
29 Mon Jul 2024 | 143.78 | 143.79 | 143.84 | 141.94 | 0.691 times |
26 Fri Jul 2024 | 143.03 | 140.89 | 143.94 | 140.60 | 1.593 times |
25 Thu Jul 2024 | 142.71 | 140.46 | 144.22 | 139.42 | 0.865 times |
24 Wed Jul 2024 | 141.26 | 144.93 | 146.36 | 141.19 | 0.906 times |
23 Tue Jul 2024 | 145.01 | 145.19 | 145.59 | 143.68 | 0.72 times |
22 Mon Jul 2024 | 145.39 | 146.31 | 146.55 | 143.77 | 0.773 times |
19 Fri Jul 2024 | 145.63 | 147.22 | 147.22 | 144.50 | 1.027 times |
18 Thu Jul 2024 | 148.06 | 149.49 | 151.86 | 148.00 | 0.913 times |
17 Wed Jul 2024 | 150.32 | 149.24 | 151.38 | 148.23 | 1.087 times |
16 Tue Jul 2024 | 149.38 | 147.12 | 150.21 | 146.47 | 0.807 times |
My analysis of stock is bearish for shortterm, and stock might move down till 141.9 or till 138.7. Use a stoploss of 144.54 and if the stock hits stoploss, then it can shoot up till 147.2
Share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Target | 136.36 |
Downside Target | 139.38 |
Upside Target | 146.55 |
Upside Target | 146.62 |
Upside Target | 148.31 |
Upside Target | 151.86 |
Upside Target | 153.14 |
Upside Target | 160.96 |
Upside Target | 161.31 |
Upside Target | 162.64 |
Intraday share price targets for Westlake Chemical (WLK)
Target Type | Value |
Downside Intraday Target | 142.53 |
Downside Intraday Target | 141.29 |
Upside Intraday Target | 144.43 |
Upside Intraday Target | 145.09 |
Downside Intraday Target | 143.19 |
Weekly technical analysis of Westlake Chemical (WLK)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Mon Jul 2024 | 143.78 | 143.79 | 143.84 | 141.94 | 0.142 times |
26 Fri Jul 2024 | 143.03 | 146.31 | 146.55 | 139.42 | 0.944 times |
19 Fri Jul 2024 | 145.63 | 147.60 | 151.86 | 144.50 | 0.967 times |
12 Fri Jul 2024 | 146.65 | 142.87 | 148.31 | 139.38 | 3.771 times |
05 Fri Jul 2024 | 142.00 | 142.99 | 145.12 | 140.76 | 0.524 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 (WLK)
Date | Monthly Closing Price | Open | High | Low | Volume |
29 Mon Jul 2024 | 143.78 | 145.37 | 151.86 | 139.38 | 0.722 times |
28 Fri Jun 2024 | 144.82 | 160.96 | 160.96 | 143.59 | 1.308 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 |
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 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 ( (WLK) ) 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 145.4 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 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 ( (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 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 ( (WLK) ) 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 145.4 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.