UPL among 5 stocks that closed above VWAP, signaling bullish shift
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Closing Above VWAP
On July 16, the closing prices of five stocks in the Nifty500 pack rallied over 1% relative to their VWAP (Volume Weighted Average Price). A shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.
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, which could indicate positive sentiment in the market.
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, which could indicate positive sentiment in the market.
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Graphite India
VWAP: Rs 643.2 | LTP: Rs 655.1
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Star Health and Allied Insurance Company
VWAP: Rs 594.4 | LTP: Rs 602.9
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Indian Energy Exchange
VWAP: Rs 123.16 | LTP: Rs 124.74
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Apar Industries
VWAP: Rs 14033.85 | LTP: Rs 14205
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UPL
VWAP: Rs 618.68 | LTP: Rs 625.85