Just Dial among 3 other stocks below VWAP


msid 111946873,imgsize 2194202

Bearish Signals

On July 22, the closing prices of three stocks from Nifty500 dropped by more than 1% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com’s technical scan data. When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.

Forrás: eredeti cikk

Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent News

LSD News
Hosting & operation by SaSFly.net – VPS, domain, web hosting and IT security.