(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 2024-06-17 View latest technical analysis
10 day averaged volume of Westlake Chemical is 28220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 22.16 | 22.10 | 22.26 | 22.10 | 0.705 times |
| 14 Fri Jun 2024 | 22.17 | 22.21 | 22.26 | 22.05 | 1.283 times |
| 13 Thu Jun 2024 | 22.37 | 22.55 | 22.56 | 22.00 | 0.865 times |
| 12 Wed Jun 2024 | 22.53 | 22.73 | 22.77 | 22.47 | 0.943 times |
| 11 Tue Jun 2024 | 22.57 | 22.59 | 22.78 | 22.51 | 1.067 times |
| 10 Mon Jun 2024 | 22.68 | 22.79 | 22.96 | 22.66 | 0.804 times |
| 07 Fri Jun 2024 | 22.76 | 22.64 | 22.87 | 22.64 | 0.684 times |
| 06 Thu Jun 2024 | 22.90 | 22.90 | 22.97 | 22.80 | 0.595 times |
| 05 Wed Jun 2024 | 22.87 | 22.72 | 22.87 | 22.57 | 1.201 times |
| 04 Tue Jun 2024 | 22.69 | 23.12 | 23.20 | 22.58 | 1.318 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.3, but if it comes above 22.3, then a intra day buy could be more profitable.
If you take a sell trade below 22.3, then use 22.3 as stoploss and 21.9 as target. However if you take a buy trade in stock , then use 22.3 as stoploss and 22.57 as target.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.69 |
| Upside Target | 22.58 |
| Upside Target | 22.61 |
| Upside Target | 22.96 |
| Upside Target | 23.01 |
| Upside Target | 23.32 |
| Upside Target | 23.41 |
| Upside Target | 23.62 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 22.09 |
| Downside Intraday Target | 22.01 |
| Upside Intraday Target | 22.25 |
| Upside Intraday Target | 22.33 |
| Upside Intraday Target | 22.17 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 22.16 | 22.10 | 22.26 | 22.10 | 0.142 times |
| 14 Fri Jun 2024 | 22.17 | 22.79 | 22.96 | 22.00 | 0.985 times |
| 07 Fri Jun 2024 | 22.76 | 23.32 | 23.32 | 22.57 | 0.533 times |
| 31 Fri May 2024 | 23.37 | 22.39 | 23.41 | 22.22 | 1.885 times |
| 24 Fri May 2024 | 22.54 | 22.29 | 22.61 | 22.10 | 0.121 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 |
| 17 Mon Jun 2024 | 22.16 | 23.32 | 23.32 | 22.00 | 0.062 times |
| 31 Fri May 2024 | 23.37 | 21.91 | 23.41 | 21.69 | 10.08 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 |
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 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 short 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell signal is initial and weak.
Westlake Chemical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Westlake Chemical in short term but BUY 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 22.56 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 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 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 short 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Westlake Chemical in short term but the sell signal is initial and weak.
Westlake Chemical Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Westlake Chemical in short term but BUY 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 22.56 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.