(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 2024-11-19 View latest technical analysis
10 day averaged volume of Westlake Chemical is 692160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 126.95 | 126.09 | 127.33 | 125.28 | 0.634 times |
| 18 Mon Nov 2024 | 127.04 | 127.20 | 128.33 | 126.76 | 0.628 times |
| 15 Fri Nov 2024 | 126.66 | 127.10 | 128.02 | 126.34 | 0.571 times |
| 14 Thu Nov 2024 | 126.69 | 128.74 | 128.74 | 125.30 | 0.754 times |
| 13 Wed Nov 2024 | 128.26 | 127.58 | 128.92 | 126.99 | 0.853 times |
| 12 Tue Nov 2024 | 127.75 | 129.17 | 129.64 | 127.17 | 0.61 times |
| 11 Mon Nov 2024 | 130.22 | 132.54 | 132.79 | 129.54 | 0.903 times |
| 08 Fri Nov 2024 | 132.15 | 134.33 | 134.50 | 131.30 | 1.415 times |
| 07 Thu Nov 2024 | 136.35 | 137.58 | 137.95 | 135.17 | 0.998 times |
| 06 Wed Nov 2024 | 137.17 | 136.61 | 139.59 | 135.53 | 1.921 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 128.2, but if it comes above 128.2, then a intra day buy could be more profitable.
If you take a sell trade below 128.2, then use 128.2 as stoploss and 124.3 as target. However if you take a buy trade in stock , then use 128.2 as stoploss and 131.5 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 125.28 |
| Upside Target | 128.33 |
| Upside Target | 134.55 |
| Upside Target | 139.24 |
| Upside Target | 139.38 |
| Upside Target | 139.59 |
| 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 | 125.38 |
| Downside Intraday Target | 123.8 |
| Upside Intraday Target | 128.43 |
| Upside Intraday Target | 129.9 |
| Downside Intraday Target | 126.85 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 126.95 | 127.20 | 128.33 | 125.28 | 0.342 times |
| 15 Fri Nov 2024 | 126.66 | 132.54 | 132.79 | 125.30 | 0.53 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 |
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 |
| 19 Tue Nov 2024 | 126.95 | 131.75 | 139.59 | 125.28 | 0.952 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 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 weakening, and bulls 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 131.32 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 weakening, and bulls 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 131.32 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.