Sonata Software among 5 stocks closing below VWAP
1/6
Under pressure
On May 12, the closing prices of five stocks from the Nifty500 segment fell more than 2.5% below their VWAP (Volume Weighted Average Price). A move below the VWAP suggests a potential bearish trend, according to StockEdge technical scan data.
When the closing price falls below the VWAP, it indicates that the stock ended the session lower than the average price at which it traded throughout the day, weighted by volume. This reflects increased selling pressure and weaker intraday sentiment.
When the closing price falls below the VWAP, it indicates that the stock ended the session lower than the average price at which it traded throughout the day, weighted by volume. This reflects increased selling pressure and weaker intraday sentiment.
2/6
Hindustan Copper
VWAP: Rs 581.37 | LTP: Rs 564.2
3/6
Sonata Software
VWAP: Rs 280.46 | LTP: Rs 273.15
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4/6
Nava
VWAP: Rs 715.52 | LTP: Rs 697.5
5/6
Techno Electric & Engineering Company
VWAP: Rs 1,231.01 | LTP: Rs 1,200.1
6/6
CE Info Systems
VWAP: Rs 1,032.87 | LTP: Rs 1,008.45