Hindustan Unilever among 5 stocks crossing below VWAP, signalling bearish trend
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Bearish Signal
On July 29, the closing prices of five stocks from the Nifty 500 pack dropped relative to their Volume Weighted Average Price (VWAP). A shift below the VWAP suggests a potential bearish trend, according to data from StockEdge.com.
When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which the stock traded throughout the day, weighted by trading volume. This is often interpreted as an indication of increased selling pressure.
When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which the stock traded throughout the day, weighted by trading volume. This is often interpreted as an indication of increased selling pressure.
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Capri Global Capital
VWAP: Rs 239.99 | LTP: Rs 228.22
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Suzlon Energy
VWAP: Rs 49.69 | LTP: Rs 48.02
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Supreme Petrochem
VWAP: Rs 762.85 | LTP: Rs 740.4
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Hindustan Unilever
VWAP: Rs 2073.45 | LTP: Rs 2022.7
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Emcure Pharmaceuticals
VWAP: Rs 1930.76 | LTP: Rs 1892.2
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)