(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 2024-11-07 View latest technical analysis
10 day averaged volume of Westlake Chemical is 602490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 136.35 | 137.58 | 137.95 | 135.17 | 1.147 times |
| 06 Wed Nov 2024 | 137.17 | 136.61 | 139.59 | 135.53 | 2.207 times |
| 05 Tue Nov 2024 | 132.55 | 125.41 | 134.52 | 125.41 | 1.547 times |
| 04 Mon Nov 2024 | 131.48 | 132.23 | 134.38 | 130.80 | 1.479 times |
| 01 Fri Nov 2024 | 132.14 | 131.75 | 133.66 | 131.51 | 0.757 times |
| 31 Thu Oct 2024 | 131.94 | 132.77 | 134.35 | 131.83 | 0.819 times |
| 30 Wed Oct 2024 | 133.26 | 131.46 | 134.55 | 131.07 | 0.594 times |
| 29 Tue Oct 2024 | 131.96 | 133.11 | 133.20 | 131.32 | 0.731 times |
| 28 Mon Oct 2024 | 133.86 | 132.99 | 134.14 | 132.26 | 0.56 times |
| 25 Fri Oct 2024 | 132.73 | 134.93 | 135.16 | 132.46 | 0.696 times |
My analysis of stock is bearish for shortterm, and stock might move down till 132.4 or till 127.5. Use a stoploss of 136.48 and if the stock hits stoploss, then it can shoot up till 140.58
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 125.41 |
| Downside Target | 129.98 |
| Upside Target | 138.59 |
| Upside Target | 139.59 |
| Upside Target | 141.82 |
| Upside Target | 144.57 |
| Upside Target | 146.77 |
| Upside Target | 150.85 |
| Upside Target | 151.56 |
| Upside Target | 151.86 |
| Upside Target | 153.34 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 127.98 |
| Downside Intraday Target | 119.6 |
| Upside Intraday Target | 142.16 |
| Upside Intraday Target | 147.96 |
| Downside Intraday Target | 133.78 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 136.35 | 132.23 | 139.59 | 125.41 | 1.843 times |
| 01 Fri Nov 2024 | 132.14 | 132.99 | 134.55 | 131.07 | 1.127 times |
| 25 Fri Oct 2024 | 132.73 | 139.21 | 139.24 | 132.46 | 0.888 times |
| 18 Fri Oct 2024 | 139.34 | 143.30 | 144.57 | 138.59 | 1.191 times |
| 11 Fri Oct 2024 | 144.20 | 145.97 | 146.77 | 141.82 | 0.727 times |
Price has moved up 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 |
| 07 Thu Nov 2024 | 136.35 | 131.75 | 139.59 | 125.41 | 0.47 times |
| 31 Thu Oct 2024 | 131.94 | 150.23 | 150.85 | 131.07 | 0.875 times |
| 30 Mon Sep 2024 | 150.29 | 143.53 | 151.56 | 132.80 | 1.073 times |
| 30 Fri Aug 2024 | 145.44 | 147.71 | 153.34 | 129.98 | 1.025 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Westlake Chemical in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 133.78 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 rising upwards.
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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Westlake Chemical in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 133.78 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 rising upwards.
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.