(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 2024-05-08 View latest technical analysis
10 day averaged volume of Westlake Chemical is 73500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 22.00 | 22.05 | 22.55 | 22.00 | 14.822 times |
| 07 Tue May 2024 | 22.05 | 22.50 | 22.70 | 22.05 | 7.484 times |
| 06 Mon May 2024 | 22.38 | 22.08 | 22.50 | 22.08 | 0.34 times |
| 03 Fri May 2024 | 22.10 | 22.12 | 22.31 | 22.04 | 0.254 times |
| 02 Thu May 2024 | 22.46 | 21.96 | 22.46 | 21.96 | 0.418 times |
| 01 Wed May 2024 | 21.96 | 21.91 | 22.10 | 21.86 | 0.185 times |
| 30 Tue Apr 2024 | 21.86 | 21.77 | 22.03 | 21.75 | 0.426 times |
| 29 Mon Apr 2024 | 21.89 | 21.90 | 22.00 | 21.86 | 0.182 times |
| 26 Fri Apr 2024 | 21.92 | 21.87 | 22.06 | 21.80 | 0.182 times |
| 25 Thu Apr 2024 | 21.98 | 21.90 | 22.07 | 21.76 | 0.295 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 bullish for shortterm, and stock might move up till 22.1 or till 22.4. Use a stoploss of 21.96 and if this stock hits its stoploss, then it can fall down till 21.78
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.60 |
| Upside Target | 22.18 |
| Upside Target | 22.36 |
| Upside Target | 22.46 |
| Upside Target | 22.58 |
| Upside Target | 22.70 |
| 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 | 21.53 |
| Upside Intraday Target | 22.47 |
| Upside Intraday Target | 22.93 |
| Upside Intraday Target | 22.23 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 22.00 | 22.08 | 22.70 | 22.00 | 15.455 times |
| 03 Fri May 2024 | 22.10 | 21.90 | 22.46 | 21.75 | 1.35 times |
| 26 Fri Apr 2024 | 21.92 | 21.70 | 22.07 | 21.70 | 0.605 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Westlake Chemical (WLKP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 22.00 | 21.91 | 22.70 | 21.86 | 3.546 times |
| 30 Tue Apr 2024 | 21.86 | 22.11 | 22.58 | 21.70 | 1.178 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 22.02 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Westlake Chemical stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 22.02 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 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.