(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 2024-12-31 View latest technical analysis
10 day averaged volume of Westlake Chemical is 47706
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 23.14 | 23.06 | 23.21 | 23.05 | 0.715 times |
| 30 Mon Dec 2024 | 23.13 | 23.14 | 23.44 | 23.01 | 1.087 times |
| 27 Fri Dec 2024 | 23.31 | 23.63 | 23.78 | 23.05 | 0.842 times |
| 26 Thu Dec 2024 | 23.49 | 23.10 | 23.52 | 23.00 | 0.95 times |
| 24 Tue Dec 2024 | 23.14 | 23.14 | 23.45 | 22.99 | 0.459 times |
| 23 Mon Dec 2024 | 23.08 | 22.95 | 23.29 | 22.83 | 0.775 times |
| 20 Fri Dec 2024 | 22.95 | 23.13 | 23.39 | 22.95 | 1.149 times |
| 19 Thu Dec 2024 | 23.13 | 23.24 | 23.47 | 23.01 | 1.276 times |
| 18 Wed Dec 2024 | 23.26 | 23.47 | 23.59 | 23.11 | 1.594 times |
| 17 Tue Dec 2024 | 23.56 | 23.63 | 23.98 | 23.37 | 0.564 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.2, but if it comes above 23.2, then a intra day buy could be more profitable.
If you take a sell trade below 23.2, then use 23.2 as stoploss and 22.7 as target. However if you take a buy trade in stock , then use 23.2 as stoploss and 23.51 as target.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.19 |
| Downside Target | 21.92 |
| Downside Target | 22.75 |
| Upside Target | 23.44 |
| Upside Target | 23.55 |
| Upside Target | 23.65 |
| Upside Target | 23.76 |
| Upside Target | 23.78 |
| Upside Target | 24.20 |
| Upside Target | 24.25 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 22.95 |
| Downside Intraday Target | 22.77 |
| Upside Intraday Target | 23.38 |
| Upside Intraday Target | 23.63 |
| Upside Intraday Target | 23.2 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 23.14 | 23.14 | 23.44 | 23.01 | 0.596 times |
| 27 Fri Dec 2024 | 23.31 | 22.95 | 23.78 | 22.83 | 0.514 times |
| 20 Fri Dec 2024 | 22.95 | 23.95 | 24.20 | 22.95 | 1.512 times |
| 13 Fri Dec 2024 | 23.93 | 24.02 | 24.25 | 23.55 | 5.974 times |
| 05 Thu Dec 2024 | 23.75 | 23.53 | 23.76 | 23.21 | 0.416 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 |
| 31 Tue Dec 2024 | 23.14 | 23.76 | 24.25 | 22.83 | 0.744 times |
| 26 Tue Nov 2024 | 23.55 | 22.60 | 23.65 | 22.24 | 2.092 times |
| 31 Thu Oct 2024 | 22.50 | 22.28 | 22.77 | 22.24 | 1.194 times |
| 30 Mon Sep 2024 | 22.41 | 22.27 | 22.75 | 21.19 | 0.618 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
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 and selling is picking up 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 23.21 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 green color and prices are in or below the green cloud Prices appear to be moving up
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 and selling is picking up 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 23.21 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.