(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 2024-07-08 View latest technical analysis
10 day averaged volume of Westlake Chemical is 21110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 22.96 | 23.18 | 23.18 | 22.84 | 1.554 times |
| 05 Fri Jul 2024 | 22.98 | 22.89 | 23.23 | 22.85 | 0.739 times |
| 03 Wed Jul 2024 | 22.90 | 23.03 | 23.03 | 22.77 | 0.502 times |
| 03 Wed Jul 2024 | 22.90 | 23.03 | 23.03 | 22.77 | 0.502 times |
| 02 Tue Jul 2024 | 22.76 | 22.76 | 22.84 | 22.40 | 1.189 times |
| 01 Mon Jul 2024 | 22.66 | 22.69 | 22.77 | 22.44 | 1.317 times |
| 28 Fri Jun 2024 | 22.58 | 22.50 | 22.66 | 22.41 | 0.692 times |
| 27 Thu Jun 2024 | 22.46 | 22.50 | 22.56 | 22.38 | 1.293 times |
| 26 Wed Jun 2024 | 22.42 | 22.10 | 22.49 | 22.10 | 1.018 times |
| 25 Tue Jun 2024 | 22.27 | 22.49 | 22.49 | 22.17 | 0.834 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22.8, but if it comes below 22.8, then a intra day sell could be more profitable.
If you take a sell trade below 22.8, then use 22.8 as stoploss and 22.5 as target. However if you take a buy trade in stock , then use 22.8 as stoploss and 23.1 as target.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.57 |
| Downside Target | 22.77 |
| Downside Target | 22.84 |
| Upside Target | 23.01 |
| Upside Target | 23.03 |
| Upside Target | 23.18 |
| Upside Target | 23.23 |
| Upside Target | 23.32 |
| Upside Target | 23.41 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 22.81 |
| Downside Intraday Target | 22.65 |
| Upside Intraday Target | 23.15 |
| Upside Intraday Target | 23.33 |
| Upside Intraday Target | 22.99 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 22.96 | 23.18 | 23.18 | 22.84 | 1.252 times |
| 05 Fri Jul 2024 | 22.98 | 23.03 | 23.23 | 22.77 | 0.413 times |
| 03 Wed Jul 2024 | 22.90 | 22.69 | 23.03 | 22.40 | 0.523 times |
| 28 Fri Jun 2024 | 22.58 | 22.34 | 22.66 | 22.10 | 1.707 times |
| 21 Fri Jun 2024 | 22.40 | 22.19 | 22.40 | 21.57 | 2.362 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 |
| 08 Mon Jul 2024 | 22.96 | 22.69 | 23.23 | 22.40 | 0.243 times |
| 28 Fri Jun 2024 | 22.58 | 23.32 | 23.32 | 21.57 | 0.103 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 22.68 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 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 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 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 Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 22.68 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.