​​3 Adani stocks among 17 largecaps signalling bearish trend​
Business

​​3 Adani stocks among 17 largecaps signalling bearish trend​

By Nick J Adam

​Flashing Red​

VWAP or Volume Weighted Average Price is the average price of a stock, adjusted for its volume. It is calculated during a traded session by considering the total trading value of the stock and dividing it by the number of shares traded. So, here are largecap stocks for which the stock price has been closing below its VWAP consecutively for 3 days. Note, here we have mentioned just the last VWAP (Source: StockEdge). This is an important metric for traders as it offers pricing insight into both the trend as well as value of a stock. Further, it is a bearish indicator.

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Nick J Adam 105178 posts