(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 2024-11-11 View latest technical analysis
10 day averaged volume of Westlake Chemical is 690830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 130.22 | 132.54 | 132.79 | 129.54 | 0.905 times |
| 08 Fri Nov 2024 | 132.15 | 134.33 | 134.50 | 131.30 | 1.418 times |
| 07 Thu Nov 2024 | 136.35 | 137.58 | 137.95 | 135.17 | 1 times |
| 06 Wed Nov 2024 | 137.17 | 136.61 | 139.59 | 135.53 | 1.924 times |
| 05 Tue Nov 2024 | 132.55 | 125.41 | 134.52 | 125.41 | 1.349 times |
| 04 Mon Nov 2024 | 131.48 | 132.23 | 134.38 | 130.80 | 1.289 times |
| 01 Fri Nov 2024 | 132.14 | 131.75 | 133.66 | 131.51 | 0.661 times |
| 31 Thu Oct 2024 | 131.94 | 132.77 | 134.35 | 131.83 | 0.715 times |
| 30 Wed Oct 2024 | 133.26 | 131.46 | 134.55 | 131.07 | 0.518 times |
| 29 Tue Oct 2024 | 131.96 | 133.11 | 133.20 | 131.32 | 0.638 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 131.7, but if it comes above 131.7, then a intra day buy could be more profitable.
If you take a sell trade below 131.7, then use 131.7 as stoploss and 127.5 as target. However if you take a buy trade in stock , then use 131.7 as stoploss and 135.18 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 125.41 |
| Downside Target | 129.54 |
| Upside Target | 138.59 |
| Upside Target | 139.38 |
| Upside Target | 139.59 |
| Upside Target | 144.57 |
| 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 | 128.91 |
| Downside Intraday Target | 127.6 |
| Upside Intraday Target | 132.16 |
| Upside Intraday Target | 134.1 |
| Upside Intraday Target | 130.85 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 130.22 | 132.54 | 132.79 | 129.54 | 0.13 times |
| 08 Fri Nov 2024 | 132.15 | 132.23 | 139.59 | 125.41 | 2.312 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 |
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 |
| 11 Mon Nov 2024 | 130.22 | 131.75 | 139.59 | 125.41 | 0.645 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 red color and prices are below the red 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 and selling is picking up 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 133.31 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Westlake Chemical ( (WLK) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 red color and prices are below the red 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 and selling is picking up 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 133.31 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.