(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.
10 day averaged volume of Westlake Chemical is 23600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 21.88 | 21.82 | 21.94 | 21.77 | 0.682 times |
| 22 Mon Apr 2024 | 21.85 | 21.70 | 21.98 | 21.70 | 0.487 times |
| 19 Fri Apr 2024 | 21.73 | 21.70 | 21.96 | 21.70 | 0.708 times |
| 18 Thu Apr 2024 | 21.74 | 21.71 | 21.92 | 21.70 | 1.072 times |
| 17 Wed Apr 2024 | 21.75 | 22.08 | 22.09 | 21.70 | 1.042 times |
| 16 Tue Apr 2024 | 21.90 | 21.90 | 22.10 | 21.80 | 1.182 times |
| 15 Mon Apr 2024 | 21.90 | 22.18 | 22.18 | 21.90 | 1.589 times |
| 12 Fri Apr 2024 | 21.98 | 22.00 | 22.09 | 21.92 | 1.352 times |
| 11 Thu Apr 2024 | 22.00 | 22.00 | 22.28 | 21.92 | 0.987 times |
| 10 Wed Apr 2024 | 22.01 | 22.00 | 22.36 | 22.00 | 0.847 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.9, but if it comes above 21.9, then a intra day buy could be more profitable.
If you take a sell trade below 21.9, then use 21.9 as stoploss and 21.7 as target. However if you take a buy trade in stock , then use 21.9 as stoploss and 22.02 as target.
Share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Target | 21.50 |
| Upside Target | 22.18 |
| Upside Target | 22.36 |
| Upside Target | 22.46 |
| Upside Target | 22.58 |
| Upside Target | 22.77 |
| Upside Target | 23.01 |
| Upside Target | 23.62 |
| Upside Target | 23.68 |
Intraday share price targets for Westlake Chemical (WLKP)
| Target Type | Value |
| Downside Intraday Target | 21.73 |
| Downside Intraday Target | 21.57 |
| Upside Intraday Target | 22.01 |
| Upside Intraday Target | 22.13 |
| Downside Intraday Target | 21.85 |
Weekly technical analysis of Westlake Chemical (WLKP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 21.88 | 21.70 | 21.98 | 21.70 | 0.209 times |
| 19 Fri Apr 2024 | 21.73 | 22.18 | 22.18 | 21.70 | 1.176 times |
| 12 Fri Apr 2024 | 21.98 | 22.17 | 22.36 | 21.92 | 0.947 times |
| 05 Fri Apr 2024 | 22.14 | 22.11 | 22.58 | 21.99 | 1.207 times |
| 28 Thu Mar 2024 | 22.20 | 21.75 | 22.46 | 21.75 | 0.861 times |
Price has moved up 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 |
| 23 Tue Apr 2024 | 21.88 | 22.11 | 22.58 | 21.70 | 0.944 times |
| 28 Thu Mar 2024 | 22.20 | 22.47 | 23.01 | 21.75 | 0.567 times |
| 29 Thu Feb 2024 | 22.24 | 22.86 | 23.62 | 21.75 | 1.066 times |
| 31 Wed Jan 2024 | 23.38 | 21.77 | 23.68 | 21.60 | 0.891 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Westlake Chemical ( (WLKP) ) 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 ( (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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Westlake Chemical in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 21.88 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Westlake Chemical ( (WLKP) ) 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 ( (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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Westlake Chemical in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Westlake Chemical in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 21.88 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.