(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.
10 day averaged volume of Westlake Chemical is 23480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 21.94 | 21.82 | 21.97 | 21.82 | 0.728 times |
| 23 Tue Apr 2024 | 21.88 | 21.82 | 21.94 | 21.77 | 0.686 times |
| 22 Mon Apr 2024 | 21.85 | 21.70 | 21.98 | 21.70 | 0.49 times |
| 19 Fri Apr 2024 | 21.73 | 21.70 | 21.96 | 21.70 | 0.711 times |
| 18 Thu Apr 2024 | 21.74 | 21.71 | 21.92 | 21.70 | 1.078 times |
| 17 Wed Apr 2024 | 21.75 | 22.08 | 22.09 | 21.70 | 1.048 times |
| 16 Tue Apr 2024 | 21.90 | 21.90 | 22.10 | 21.80 | 1.188 times |
| 15 Mon Apr 2024 | 21.90 | 22.18 | 22.18 | 21.90 | 1.597 times |
| 12 Fri Apr 2024 | 21.98 | 22.00 | 22.09 | 21.92 | 1.359 times |
| 11 Thu Apr 2024 | 22.00 | 22.00 | 22.28 | 21.92 | 0.992 times |
My analysis of stock is bearish for shortterm, and stock might move down till 21.8 or till 21.7. Use a stoploss of 22.01 and if the stock hits stoploss, then it can shoot up till 22.17
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.50 |
| Upside Target | 22.18 |
| Upside Target | 22.36 |
| Upside Target | 22.46 |
| Upside Target | 22.58 |
| Upside Target | 22.77 |
| Upside Target | 23.01 |
| Upside Target | 23.62 |
| Upside Target | 23.68 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 21.77 |
| Downside Intraday Target | 21.59 |
| Upside Intraday Target | 22.05 |
| Upside Intraday Target | 22.15 |
| Downside Intraday Target | 21.87 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 21.94 | 21.70 | 21.98 | 21.70 | 0.339 times |
| 19 Fri Apr 2024 | 21.73 | 22.18 | 22.18 | 21.70 | 1.176 times |
| 12 Fri Apr 2024 | 21.98 | 22.17 | 22.36 | 21.92 | 0.947 times |
| 05 Fri Apr 2024 | 22.14 | 22.11 | 22.58 | 21.99 | 1.207 times |
| 28 Thu Mar 2024 | 22.20 | 21.75 | 22.46 | 21.75 | 0.861 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 |
| 24 Wed Apr 2024 | 21.94 | 22.11 | 22.58 | 21.70 | 0.985 times |
| 28 Thu Mar 2024 | 22.20 | 22.47 | 23.01 | 21.75 | 0.567 times |
| 29 Thu Feb 2024 | 22.24 | 22.86 | 23.62 | 21.75 | 1.066 times |
| 31 Wed Jan 2024 | 23.38 | 21.77 | 23.68 | 21.60 | 0.891 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 neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is losing 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 BUY signal in short term but buying 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 21.87 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is losing 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 BUY signal in short term but buying 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 21.87 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.