(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 2024-02-20 View latest technical analysis
10 day averaged volume of Westlake Chemical is 24840
Date | Daily Closing Price | Open | High | Low | Volume |
20 Tue Feb 2024 | 21.92 | 22.50 | 22.51 | 21.83 | 2.238 times |
16 Fri Feb 2024 | 22.31 | 22.23 | 22.61 | 22.01 | 0.709 times |
15 Thu Feb 2024 | 22.25 | 22.05 | 22.69 | 21.97 | 0.874 times |
14 Wed Feb 2024 | 21.89 | 22.20 | 22.20 | 21.75 | 0.636 times |
13 Tue Feb 2024 | 21.95 | 21.95 | 22.22 | 21.95 | 0.898 times |
12 Mon Feb 2024 | 22.06 | 21.96 | 22.30 | 21.95 | 1.031 times |
09 Fri Feb 2024 | 21.99 | 21.94 | 22.09 | 21.92 | 0.539 times |
08 Thu Feb 2024 | 21.94 | 22.16 | 22.23 | 21.93 | 1.345 times |
07 Wed Feb 2024 | 22.10 | 21.93 | 22.16 | 21.93 | 0.624 times |
06 Tue Feb 2024 | 21.98 | 22.34 | 22.36 | 21.90 | 1.425 times |
Stock of Westlake Chemical (WLKP) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22, but if it comes above 22, then a intra day buy could be more profitable.
If you take a sell trade below 22, then use 22 as stoploss and 21.2 as target. However if you take a buy trade in stock , then use 22 as stoploss and 22.58 as target.
Share price targets for Westlake Chemical (WLKP)
Target Type | Value |
Downside Target | 20.91 |
Upside Target | 22.51 |
Upside Target | 22.69 |
Upside Target | 22.77 |
Upside Target | 22.84 |
Upside Target | 23.06 |
Upside Target | 23.43 |
Upside Target | 23.62 |
Upside Target | 23.68 |
Intraday share price targets for Westlake Chemical (WLKP)
Target Type | Value |
Downside Intraday Target | 21.66 |
Downside Intraday Target | 21.41 |
Upside Intraday Target | 22.34 |
Upside Intraday Target | 22.77 |
Upside Intraday Target | 22.09 |
Weekly technical analysis of Westlake Chemical (WLKP)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Tue Feb 2024 | 21.92 | 22.50 | 22.51 | 21.83 | 0.54 times |
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 |
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 (WLKP)
Date | Monthly Closing Price | Open | High | Low | Volume |
20 Tue Feb 2024 | 21.92 | 22.86 | 23.62 | 21.75 | 0.7 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Westlake Chemical ( (WLKP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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. 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 and selling is picking up 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 22.01 and Westlake Chemical (WLKP) 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 (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 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 ( (WLKP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Westlake Chemical ( (WLKP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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. 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 and selling is picking up 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 22.01 and Westlake Chemical (WLKP) 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 (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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.