(WLKP) Westlake Chemical complete technical analysis [charts+indicators] | Buy/Sell Westlake Chemical | (WLKP) share price targets
Complete technical analysis of Westlake Chemical (WLKP) by charts plus indicators, forecast predictions and share price targets for Westlake Chemical (WLKP)
Westlake Chemical trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-02-16 View latest technical analysis
10 day averaged volume of Westlake Chemical is 35570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 22.31 | 22.23 | 22.61 | 22.01 | 0.495 times |
| 15 Thu Feb 2024 | 22.25 | 22.05 | 22.69 | 21.97 | 0.61 times |
| 14 Wed Feb 2024 | 21.89 | 22.20 | 22.20 | 21.75 | 0.444 times |
| 13 Tue Feb 2024 | 21.95 | 21.95 | 22.22 | 21.95 | 0.627 times |
| 12 Mon Feb 2024 | 22.06 | 21.96 | 22.30 | 21.95 | 0.72 times |
| 09 Fri Feb 2024 | 21.99 | 21.94 | 22.09 | 21.92 | 0.377 times |
| 08 Thu Feb 2024 | 21.94 | 22.16 | 22.23 | 21.93 | 0.939 times |
| 07 Wed Feb 2024 | 22.10 | 21.93 | 22.16 | 21.93 | 0.436 times |
| 06 Tue Feb 2024 | 21.98 | 22.34 | 22.36 | 21.90 | 0.995 times |
| 05 Mon Feb 2024 | 22.20 | 22.47 | 22.47 | 22.00 | 1.341 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 22 as stoploss in an intra day buy trade for a target of 22.64. However, stock will show a bearish move below 22.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 20.91 |
| Upside Target | 22.69 |
| Upside Target | 22.77 |
| Upside Target | 22.84 |
| Upside Target | 23.06 |
| Upside Target | 23.43 |
| Upside Target | 23.50 |
| Upside Target | 23.62 |
| Upside Target | 23.68 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 21.81 |
| Downside Intraday Target | 21.31 |
| Upside Intraday Target | 22.75 |
| Upside Intraday Target | 23.19 |
| Downside Intraday Target | 22.25 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 22.31 | 21.96 | 22.69 | 21.75 | 0.708 times |
| 09 Fri Feb 2024 | 21.99 | 22.47 | 22.47 | 21.90 | 0.481 times |
| 02 Fri Feb 2024 | 22.47 | 23.36 | 23.68 | 22.33 | 3.197 times |
| 26 Fri Jan 2024 | 23.25 | 23.30 | 23.43 | 23.06 | 0.679 times |
| 19 Fri Jan 2024 | 23.41 | 23.04 | 23.50 | 22.69 | 3.098 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 (WLKP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 22.31 | 22.86 | 23.62 | 21.75 | 0.618 times |
| 31 Wed Jan 2024 | 23.38 | 21.77 | 23.68 | 21.60 | 0.891 times |
| 29 Fri Dec 2023 | 21.65 | 22.64 | 22.77 | 21.50 | 0.939 times |
| 30 Thu Nov 2023 | 22.65 | 21.50 | 22.84 | 21.16 | 1.115 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 (WLKP)
Price action analysis of Westlake Chemical ( (WLKP) ) 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 ( (WLKP) ) 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 ( (WLKP) ) 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 ( (WLKP) ) based on a mid to longer 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.
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 SELL signal for Westlake Chemical in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 moving up
CCI has generated a buy signal for Westlake Chemical in short term and BUY 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 22.07 and Westlake Chemical (WLKP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Westlake Chemical (WLKP) stock. Volume based technical analysis of Westlake Chemical (WLKP) stock is negative.
Westlake Chemical Stock has given negative returns over a short term period. Returns for a longer term period have been positive
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 ( (WLKP) ) 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 ( (WLKP) ) 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 ( (WLKP) ) 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 ( (WLKP) ) based on a mid to longer 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.
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 SELL signal for Westlake Chemical in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 moving up
CCI has generated a buy signal for Westlake Chemical in short term and BUY 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 22.07 and Westlake Chemical (WLKP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Westlake Chemical (WLKP) stock. Volume based technical analysis of Westlake Chemical (WLKP) stock is negative.
Westlake Chemical Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.