(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 2024-07-31 View latest technical analysis
10 day averaged volume of Westlake Chemical is 405850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 147.86 | 147.27 | 149.76 | 146.50 | 1.197 times |
| 30 Tue Jul 2024 | 145.62 | 143.66 | 146.44 | 143.56 | 0.9 times |
| 29 Mon Jul 2024 | 143.78 | 143.79 | 143.84 | 141.94 | 0.734 times |
| 26 Fri Jul 2024 | 143.03 | 140.89 | 143.94 | 140.60 | 1.69 times |
| 25 Thu Jul 2024 | 142.71 | 140.46 | 144.22 | 139.42 | 0.918 times |
| 24 Wed Jul 2024 | 141.26 | 144.93 | 146.36 | 141.19 | 0.962 times |
| 23 Tue Jul 2024 | 145.01 | 145.19 | 145.59 | 143.68 | 0.764 times |
| 22 Mon Jul 2024 | 145.39 | 146.31 | 146.55 | 143.77 | 0.82 times |
| 19 Fri Jul 2024 | 145.63 | 147.22 | 147.22 | 144.50 | 1.09 times |
| 18 Thu Jul 2024 | 148.06 | 149.49 | 151.86 | 148.00 | 0.969 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 147.6, but if it comes below 147.6, then a intra day sell could be more profitable.
If you take a sell trade below 147.6, then use 147.6 as stoploss and 144.87 as target. However if you take a buy trade in stock , then use 147.6 as stoploss and 150.9 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 136.36 |
| Downside Target | 139.38 |
| Downside Target | 146.62 |
| Upside Target | 148.31 |
| Upside Target | 149.76 |
| 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 | 143.28 |
| Downside Intraday Target | 138.7 |
| Upside Intraday Target | 151.1 |
| Upside Intraday Target | 154.34 |
| Downside Intraday Target | 146.52 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 147.86 | 143.79 | 149.76 | 141.94 | 0.549 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 |
| 31 Wed Jul 2024 | 147.86 | 145.37 | 151.86 | 139.38 | 0.793 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 up 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 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 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 ( (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 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 BUY. Signal strength is Weak 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 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 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 but selling is losing 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 144.8 and Westlake Chemical (WLK) 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 (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 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 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 ( (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 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 BUY. Signal strength is Weak 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 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 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 but selling is losing 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 144.8 and Westlake Chemical (WLK) 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 (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.