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These 3 stocks closed crossing above VWAP on May 20

Price Momentum
IANS
1/5
Price Momentum
On May 20, the closing prices of three stocks in Nifty500 pack rallied over 1.5% relative to the VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.
Momentum Alert
ETMarkets.com
2/5
Momentum Alert
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in the market.

Newgen Software Technologies
ETMarkets.com
3/5
Newgen Software Technologies
VWAP: Rs 1283.03| LTP: Rs 1334.55

CCL Products (India)
ETMarkets.com
4/5
CCL Products (India)
VWAP: Rs 811.45| LTP: Rs 830.7

JB Chemicals & Pharmaceuticals
ETMarkets.com
5/5
JB Chemicals & Pharmaceuticals
VWAP: Rs 1676.85| LTP: Rs 1702.1

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