HFCL among 3 stocks closing above VWAP
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VWAP signal
On October 16, the closing prices of three stocks in the Nifty 500 pack were more than 2% above their respective VWAPs (Volume Weighted Average Price), according to StockEdge’s technical scan data.
When a stock closes above VWAP, it means its closing price is higher than its volume-weighted average traded price during the day. VWAP gives greater weight to prices at which higher trading volumes occurred.
When a stock closes above VWAP, it means its closing price is higher than its volume-weighted average traded price during the day. VWAP gives greater weight to prices at which higher trading volumes occurred.
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HBL Engineering
VWAP: Rs 807.12 | LTP: Rs 833.15
3/4
SPR Auto Technologies
VWAP: Rs 4,519.44 | LTP: Rs 4,629.90
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HFCL
VWAP: Rs 251.34 | LTP: Rs 256.01