(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 2024-02-26 View latest technical analysis
10 day averaged volume of Westlake Chemical is 26300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 22.69 | 22.37 | 22.91 | 22.27 | 1.232 times |
| 23 Fri Feb 2024 | 22.37 | 22.52 | 22.53 | 22.24 | 0.643 times |
| 22 Thu Feb 2024 | 22.61 | 21.86 | 22.93 | 21.86 | 1.582 times |
| 21 Wed Feb 2024 | 21.93 | 21.95 | 22.32 | 21.87 | 1.236 times |
| 20 Tue Feb 2024 | 21.92 | 22.50 | 22.51 | 21.83 | 2.114 times |
| 16 Fri Feb 2024 | 22.31 | 22.23 | 22.61 | 22.01 | 0.669 times |
| 15 Thu Feb 2024 | 22.25 | 22.05 | 22.69 | 21.97 | 0.825 times |
| 14 Wed Feb 2024 | 21.89 | 22.20 | 22.20 | 21.75 | 0.601 times |
| 13 Tue Feb 2024 | 21.95 | 21.95 | 22.22 | 21.95 | 0.848 times |
| 12 Mon Feb 2024 | 22.06 | 21.96 | 22.30 | 21.95 | 0.973 times |
My analysis of stock is bullish for shortterm, and stock might move up till 23 or till 23.7. Use a stoploss of 22.43 and if this stock hits its stoploss, then it can fall down till 21.86
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 20.91 |
| Downside Target | 22.47 |
| Downside Target | 22.69 |
| Upside Target | 22.77 |
| Upside Target | 22.84 |
| Upside Target | 22.91 |
| Upside Target | 22.93 |
| Upside Target | 23.62 |
| Upside Target | 23.68 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 22.34 |
| Downside Intraday Target | 21.98 |
| Upside Intraday Target | 22.98 |
| Upside Intraday Target | 23.26 |
| Downside Intraday Target | 22.62 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 22.69 | 22.37 | 22.91 | 22.27 | 0.221 times |
| 23 Fri Feb 2024 | 22.37 | 22.50 | 22.93 | 21.83 | 1.423 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 |
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 |
| 26 Mon Feb 2024 | 22.69 | 22.86 | 23.62 | 21.75 | 0.88 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 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 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 BUY. Signal strength is Strong 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 22.2 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 rising upwards.
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 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 ( (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 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 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 BUY. Signal strength is Strong 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 22.2 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 rising upwards.
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 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.