(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 2024-05-16 View latest technical analysis
10 day averaged volume of Westlake Chemical is 444481
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 22.23 | 22.31 | 22.45 | 22.19 | 0.067 times |
| 15 Wed May 2024 | 22.32 | 22.48 | 22.48 | 22.22 | 0.089 times |
| 14 Tue May 2024 | 22.22 | 22.32 | 22.37 | 22.14 | 1.229 times |
| 13 Mon May 2024 | 22.19 | 22.40 | 22.41 | 22.19 | 1.205 times |
| 10 Fri May 2024 | 22.40 | 21.69 | 22.46 | 21.69 | 1.245 times |
| 09 Thu May 2024 | 22.10 | 22.32 | 22.46 | 22.10 | 2.376 times |
| 08 Wed May 2024 | 22.00 | 22.05 | 22.55 | 22.00 | 2.451 times |
| 07 Tue May 2024 | 22.05 | 22.50 | 22.70 | 22.05 | 1.238 times |
| 06 Mon May 2024 | 22.38 | 22.08 | 22.50 | 22.08 | 0.056 times |
| 03 Fri May 2024 | 22.10 | 22.12 | 22.31 | 22.04 | 0.042 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 22.3 as stoploss in an intra day sell trade for a target of 22.07. However, stock will show a bullish move above 22.3.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.60 |
| Downside Target | 22.18 |
| Upside Target | 22.46 |
| Upside Target | 22.48 |
| 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 | 22.09 |
| Downside Intraday Target | 21.94 |
| Upside Intraday Target | 22.43 |
| Upside Intraday Target | 22.62 |
| Upside Intraday Target | 22.28 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 22.23 | 22.40 | 22.48 | 22.14 | 0.352 times |
| 10 Fri May 2024 | 22.40 | 22.08 | 22.70 | 21.69 | 30.396 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 |
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 |
| 16 Thu May 2024 | 22.23 | 21.91 | 22.70 | 21.69 | 9.212 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy 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. 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 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
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 22.14 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term and the buy 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. 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 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
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 22.14 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.