(WLK) Westlake Chemical complete technical analysis [charts+indicators] | Buy/Sell Westlake Chemical | (WLK) share price targets
Complete technical analysis of Westlake Chemical (WLK) by charts plus indicators, forecast predictions and share price targets for Westlake Chemical (WLK)
Westlake Chemical trades in USA in Basic Industries sector.
Showing technical analysis as on 2025-01-23 View latest technical analysis
10 day averaged volume of Westlake Chemical is 473010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 118.26 | 117.41 | 118.41 | 116.39 | 1.053 times |
| 22 Wed Jan 2025 | 117.74 | 118.96 | 118.96 | 117.69 | 0.477 times |
| 21 Tue Jan 2025 | 119.16 | 118.84 | 119.54 | 118.30 | 0.842 times |
| 17 Fri Jan 2025 | 117.96 | 118.82 | 118.89 | 117.32 | 0.751 times |
| 17 Fri Jan 2025 | 117.96 | 118.82 | 118.89 | 117.32 | 0.751 times |
| 16 Thu Jan 2025 | 117.70 | 116.15 | 117.92 | 116.15 | 0.948 times |
| 15 Wed Jan 2025 | 116.65 | 117.50 | 118.34 | 116.14 | 1.104 times |
| 14 Tue Jan 2025 | 114.97 | 114.06 | 115.18 | 113.61 | 0.655 times |
| 13 Mon Jan 2025 | 113.41 | 109.86 | 113.48 | 109.02 | 1.444 times |
| 10 Fri Jan 2025 | 110.04 | 110.81 | 111.74 | 109.34 | 1.85 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 117.4, but if it comes below 117.4, then a intra day sell could be more profitable.
If you take a sell trade below 117.4, then use 117.4 as stoploss and 114.59 as target. However if you take a buy trade in stock , then use 117.4 as stoploss and 120.8 as target.
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 108.95 |
| Downside Target | 111.74 |
| Upside Target | 119.54 |
| Upside Target | 125.28 |
| Upside Target | 129.25 |
| Upside Target | 131.07 |
| Upside Target | 132.80 |
| Upside Target | 139.59 |
| Upside Target | 150.85 |
| Upside Target | 151.56 |
Intraday share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Intraday Target | 116.59 |
| Downside Intraday Target | 114.91 |
| Upside Intraday Target | 119.74 |
| Upside Intraday Target | 121.21 |
| Downside Intraday Target | 118.06 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 118.26 | 118.84 | 119.54 | 116.39 | 3.158 times |
| 17 Fri Jan 2025 | 117.96 | 118.82 | 118.89 | 117.32 | 0.153 times |
| 17 Fri Jan 2025 | 117.96 | 109.86 | 118.89 | 109.02 | 1.62 times |
| 10 Fri Jan 2025 | 110.04 | 111.16 | 111.74 | 108.95 | 0.782 times |
| 08 Wed Jan 2025 | 110.54 | 114.31 | 114.65 | 108.95 | 1.064 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Westlake Chemical (WLK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 118.26 | 114.92 | 119.54 | 108.95 | 0.801 times |
| 31 Tue Dec 2024 | 114.65 | 129.25 | 129.25 | 112.63 | 0.858 times |
| 26 Tue Nov 2024 | 128.19 | 131.75 | 139.59 | 125.28 | 1.265 times |
| 31 Thu Oct 2024 | 131.94 | 150.23 | 150.85 | 131.07 | 0.875 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 (WLK)
Price action analysis of Westlake Chemical ( (WLK) ) 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 ( (WLK) ) 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 ( (WLK) ) 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 ( (WLK) ) based on a mid to longer 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.
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 but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Westlake Chemical in short term but SELL signal is weak.
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 115.56 and Westlake Chemical (WLK) 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 (WLK) stock. Volume based technical analysis of Westlake Chemical (WLK) stock is negative.
Westlake Chemical Stock is giving positive 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 ( (WLK) ) 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 ( (WLK) ) 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 ( (WLK) ) 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 ( (WLK) ) based on a mid to longer 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.
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 but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Westlake Chemical in short term but SELL signal is weak.
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 115.56 and Westlake Chemical (WLK) 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 (WLK) stock. Volume based technical analysis of Westlake Chemical (WLK) stock is negative.
Westlake Chemical Stock is giving positive 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.