(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 2024-08-20 View latest technical analysis
10 day averaged volume of Westlake Chemical is 25690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 22.49 | 22.54 | 22.66 | 22.45 | 0.673 times |
| 19 Mon Aug 2024 | 22.50 | 22.57 | 22.74 | 22.45 | 0.923 times |
| 16 Fri Aug 2024 | 22.67 | 22.58 | 22.76 | 22.05 | 1.047 times |
| 15 Thu Aug 2024 | 22.50 | 22.50 | 22.64 | 22.41 | 0.736 times |
| 14 Wed Aug 2024 | 22.53 | 22.46 | 22.60 | 22.44 | 0.716 times |
| 13 Tue Aug 2024 | 22.46 | 22.44 | 22.55 | 22.42 | 0.728 times |
| 12 Mon Aug 2024 | 22.48 | 22.64 | 22.64 | 22.42 | 1.199 times |
| 09 Fri Aug 2024 | 22.94 | 23.01 | 23.07 | 22.87 | 1.787 times |
| 08 Thu Aug 2024 | 22.81 | 22.70 | 22.98 | 22.70 | 0.646 times |
| 07 Wed Aug 2024 | 22.69 | 23.14 | 23.14 | 21.92 | 1.288 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.6, but if it comes above 22.6, then a intra day buy could be more profitable.
If you take a sell trade below 22.6, then use 22.6 as stoploss and 22.3 as target. However if you take a buy trade in stock , then use 22.6 as stoploss and 22.77 as target.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.57 |
| Upside Target | 22.76 |
| Upside Target | 22.78 |
| Upside Target | 23.12 |
| Upside Target | 23.19 |
| Upside Target | 23.32 |
| Upside Target | 23.41 |
| Upside Target | 23.56 |
| Upside Target | 23.60 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 22.38 |
| Downside Intraday Target | 22.27 |
| Upside Intraday Target | 22.67 |
| Upside Intraday Target | 22.85 |
| Upside Intraday Target | 22.56 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 22.49 | 22.57 | 22.74 | 22.45 | 0.361 times |
| 16 Fri Aug 2024 | 22.67 | 22.64 | 22.76 | 22.05 | 0.663 times |
| 09 Fri Aug 2024 | 22.94 | 22.70 | 23.19 | 21.92 | 1.461 times |
| 02 Fri Aug 2024 | 22.98 | 23.10 | 23.12 | 22.78 | 0.902 times |
| 26 Fri Jul 2024 | 23.04 | 23.56 | 23.56 | 22.75 | 0.985 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 |
| 20 Tue Aug 2024 | 22.49 | 22.99 | 23.19 | 21.92 | 0.647 times |
| 31 Wed Jul 2024 | 22.93 | 22.69 | 23.60 | 22.40 | 1.148 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 |
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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Westlake Chemical stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term and the sell signal is strong.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 22.64 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Westlake Chemical stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term and the sell signal is strong.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 22.64 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.