(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 2024-08-27 View latest technical analysis
10 day averaged volume of Westlake Chemical is 304890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 145.40 | 150.02 | 150.02 | 143.60 | 2.459 times |
| 26 Mon Aug 2024 | 150.55 | 152.34 | 153.34 | 150.48 | 0.947 times |
| 23 Fri Aug 2024 | 150.97 | 147.20 | 151.41 | 146.09 | 1.559 times |
| 22 Thu Aug 2024 | 144.58 | 145.68 | 145.81 | 144.11 | 0.479 times |
| 21 Wed Aug 2024 | 145.55 | 144.98 | 146.12 | 144.45 | 0.633 times |
| 20 Tue Aug 2024 | 143.67 | 145.93 | 146.50 | 143.44 | 1.246 times |
| 19 Mon Aug 2024 | 147.04 | 147.02 | 147.76 | 145.52 | 1.398 times |
| 16 Fri Aug 2024 | 146.72 | 146.60 | 147.11 | 145.31 | 1.306 times |
| 15 Thu Aug 2024 | 147.09 | 147.47 | 149.57 | 145.44 | 0.901 times |
| 14 Wed Aug 2024 | 144.68 | 145.44 | 145.44 | 143.26 | 0.721 times |
Stock of Westlake Chemical (WLK) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 148.7 or till 153.3. Use a stoploss of 144.83 and if this stock hits its stoploss, then it can fall down till 140.97
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 129.98 |
| Downside Target | 136.63 |
| Downside Target | 139.38 |
| Downside Target | 142.22 |
| Upside Target | 149.57 |
| Upside Target | 151.41 |
| Upside Target | 151.86 |
| Upside Target | 153.34 |
| 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 | 141.55 |
| Downside Intraday Target | 137.71 |
| Upside Intraday Target | 151.29 |
| Upside Intraday Target | 157.19 |
| Upside Intraday Target | 147.45 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 145.40 | 152.34 | 153.34 | 143.60 | 0.641 times |
| 23 Fri Aug 2024 | 150.97 | 147.02 | 151.41 | 143.44 | 1.082 times |
| 16 Fri Aug 2024 | 146.72 | 146.20 | 149.57 | 142.22 | 0.516 times |
| 09 Fri Aug 2024 | 145.99 | 132.09 | 150.30 | 129.98 | 1.401 times |
| 02 Fri Aug 2024 | 137.06 | 143.79 | 149.76 | 136.63 | 0.989 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 |
| 27 Tue Aug 2024 | 145.40 | 147.71 | 153.34 | 129.98 | 0.838 times |
| 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 |
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 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 ( (WLK) ) 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 ( (WLK) ) 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 ( (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 BUY signal for Westlake Chemical in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 146.78 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 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.
Price action analysis of Westlake Chemical ( (WLK) ) 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 ( (WLK) ) 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 ( (WLK) ) 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 ( (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 BUY signal for Westlake Chemical in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 146.78 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 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.