(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 2025-01-31 View latest technical analysis
10 day averaged volume of Westlake Chemical is 451570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 114.27 | 115.14 | 115.98 | 113.29 | 2.826 times |
| 30 Thu Jan 2025 | 115.84 | 117.00 | 117.89 | 113.54 | 1.361 times |
| 29 Wed Jan 2025 | 117.08 | 116.28 | 118.63 | 116.03 | 0.965 times |
| 28 Tue Jan 2025 | 116.90 | 119.85 | 119.86 | 116.88 | 1.283 times |
| 27 Mon Jan 2025 | 117.57 | 118.25 | 118.69 | 115.81 | 1.348 times |
| 24 Fri Jan 2025 | 117.66 | 118.41 | 119.32 | 117.39 | 0.984 times |
| 23 Thu Jan 2025 | 118.26 | 117.41 | 118.41 | 116.39 | 1.103 times |
| 22 Wed Jan 2025 | 117.74 | 118.96 | 118.96 | 117.69 | 0.5 times |
| 21 Tue Jan 2025 | 119.16 | 118.84 | 119.54 | 118.30 | 0.882 times |
| 17 Fri Jan 2025 | 117.96 | 118.82 | 118.89 | 117.32 | 0.787 times |
Stock of Westlake Chemical (WLK) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 112.6 or till 109.2. Use a stoploss of 115.48 and if the stock hits stoploss, then it can shoot up till 118.32
Share price targets for Westlake Chemical (WLK)
| Target Type | Value |
| Downside Target | 108.95 |
| Downside Target | 111.74 |
| Upside Target | 116.39 |
| Upside Target | 119.86 |
| 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 | 111.75 |
| Downside Intraday Target | 109.24 |
| Upside Intraday Target | 118.32 |
| Upside Intraday Target | 122.38 |
| Upside Intraday Target | 115.81 |
Weekly technical analysis of Westlake Chemical (WLK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 114.27 | 118.25 | 119.86 | 113.29 | 2.244 times |
| 24 Fri Jan 2025 | 117.66 | 118.84 | 119.54 | 116.39 | 4.408 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 |
Price has moved down 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 |
| 31 Fri Jan 2025 | 114.27 | 114.92 | 119.86 | 108.95 | 1.2 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 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 (WLK)
Price action analysis of Westlake Chemical ( (WLK) ) based on a short 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 ( (WLK) ) based on a short 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 ( (WLK) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy 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 red color and prices are below 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 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 116.71 and Westlake Chemical (WLK) 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 (WLK) stock. Volume based technical analysis of Westlake Chemical (WLK) 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 ( (WLK) ) based on a short 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 ( (WLK) ) based on a short 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 ( (WLK) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Westlake Chemical in short term but the buy 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 red color and prices are below 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 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 116.71 and Westlake Chemical (WLK) 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 (WLK) stock. Volume based technical analysis of Westlake Chemical (WLK) 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.