(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 2024-10-28 View latest technical analysis
10 day averaged volume of Westlake Chemical is 22320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 22.41 | 22.46 | 22.64 | 22.40 | 0.995 times |
| 25 Fri Oct 2024 | 22.46 | 22.61 | 22.68 | 22.44 | 0.636 times |
| 24 Thu Oct 2024 | 22.48 | 22.77 | 22.77 | 22.44 | 0.439 times |
| 23 Wed Oct 2024 | 22.61 | 22.49 | 22.69 | 22.46 | 0.874 times |
| 22 Tue Oct 2024 | 22.49 | 22.53 | 22.53 | 22.40 | 1.205 times |
| 21 Mon Oct 2024 | 22.48 | 22.61 | 22.69 | 22.45 | 1.747 times |
| 18 Fri Oct 2024 | 22.55 | 22.45 | 22.65 | 22.45 | 1.514 times |
| 17 Thu Oct 2024 | 22.55 | 22.63 | 22.63 | 22.44 | 0.923 times |
| 16 Wed Oct 2024 | 22.47 | 22.46 | 22.65 | 22.43 | 1.084 times |
| 15 Tue Oct 2024 | 22.46 | 22.41 | 22.60 | 22.37 | 0.744 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 22.4 as stoploss in an intra day buy trade for a target of 22.45. However, stock will show a bearish move below 22.4.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.19 |
| Upside Target | 22.64 |
| Upside Target | 22.65 |
| Upside Target | 22.75 |
| Upside Target | 22.77 |
| Upside Target | 23.19 |
| Upside Target | 23.32 |
| Upside Target | 23.60 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 22.33 |
| Downside Intraday Target | 22.24 |
| Upside Intraday Target | 22.57 |
| Upside Intraday Target | 22.72 |
| Upside Intraday Target | 22.48 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 22.41 | 22.46 | 22.64 | 22.40 | 0.203 times |
| 25 Fri Oct 2024 | 22.46 | 22.61 | 22.77 | 22.40 | 0.961 times |
| 18 Fri Oct 2024 | 22.55 | 22.40 | 22.65 | 22.35 | 0.99 times |
| 11 Fri Oct 2024 | 22.59 | 22.30 | 22.65 | 22.24 | 1.849 times |
| 04 Fri Oct 2024 | 22.29 | 22.20 | 22.55 | 22.20 | 0.664 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 |
| 28 Mon Oct 2024 | 22.41 | 22.28 | 22.77 | 22.24 | 1.085 times |
| 30 Mon Sep 2024 | 22.41 | 22.27 | 22.75 | 21.19 | 0.618 times |
| 30 Fri Aug 2024 | 22.74 | 22.99 | 23.19 | 21.92 | 1.048 times |
| 31 Wed Jul 2024 | 22.93 | 22.69 | 23.60 | 22.40 | 1.148 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Westlake Chemical ( (WLKP) ) based on a short 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.
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 SELL. 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.
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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 22.5 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Westlake Chemical ( (WLKP) ) based on a short 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.
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 SELL. 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.
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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 22.5 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.