(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 2024-09-05 View latest technical analysis
10 day averaged volume of Westlake Chemical is 436380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 136.44 | 138.10 | 138.44 | 135.53 | 1.295 times |
| 04 Wed Sep 2024 | 137.56 | 139.39 | 140.36 | 137.43 | 1.021 times |
| 03 Tue Sep 2024 | 139.45 | 143.53 | 144.54 | 138.73 | 1.111 times |
| 30 Fri Aug 2024 | 145.44 | 145.70 | 146.59 | 143.62 | 0.947 times |
| 30 Fri Aug 2024 | 145.44 | 145.70 | 146.59 | 143.62 | 0.947 times |
| 29 Thu Aug 2024 | 145.03 | 144.86 | 146.39 | 143.36 | 0.901 times |
| 28 Wed Aug 2024 | 144.20 | 144.16 | 145.23 | 142.54 | 1.27 times |
| 27 Tue Aug 2024 | 145.40 | 150.02 | 150.02 | 143.60 | 1.718 times |
| 26 Mon Aug 2024 | 150.55 | 152.34 | 153.34 | 150.48 | 0.662 times |
| 23 Fri Aug 2024 | 150.97 | 147.20 | 151.41 | 146.09 | 1.089 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 137, for a target of 141.2 or 144.68
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 129.98 |
| Downside Target | 135.53 |
| Upside Target | 139.38 |
| Upside Target | 142.22 |
| Upside Target | 146.59 |
| Upside Target | 149.57 |
| Upside Target | 151.41 |
| Upside Target | 151.86 |
| Upside Target | 153.34 |
| Upside Target | 160.96 |
| Upside Target | 161.31 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 133.13 |
| Downside Intraday Target | 129.83 |
| Upside Intraday Target | 142.14 |
| Upside Intraday Target | 147.85 |
| Upside Intraday Target | 138.84 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 136.44 | 143.53 | 144.54 | 135.53 | 3.618 times |
| 30 Fri Aug 2024 | 145.44 | 145.70 | 146.59 | 143.62 | 0.172 times |
| 30 Fri Aug 2024 | 145.44 | 152.34 | 153.34 | 142.54 | 1.481 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Westlake Chemical (WLK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 136.44 | 143.53 | 144.54 | 135.53 | 0.153 times |
| 30 Fri Aug 2024 | 145.44 | 147.71 | 153.34 | 129.98 | 1.025 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 |
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 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 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 SELL signal for Westlake Chemical in short term and the sell signal is strong.
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 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 143.71 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 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 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 SELL signal for Westlake Chemical in short term and the sell signal is strong.
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 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 143.71 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.