​5 Nifty 50 stocks signal bearish trend after closing below VWAP for 3 days​

Roshni Agarwal, ETMarkets.com

Aug 12, 2023

​Flashing Red​

VWAP or Volume Weighted Average Price is the average price of a stock, adjusted for its volume. It is calculated during a traded session by considering the total trading value of the stock and dividing it by the number of shares traded. So, here are 5 largecap stocks for which the stock price has been closing below its VWAP consecutively for 3 days. Note, here we have mentioned just the last VWAP (Source: StockEdge). Notably,VWAP is an important metric as it offers pricing insight into both the trend as well as value of a stock.

Image Source: iStock

​How is closing below VWAP for 3 days useful?​

This is a bearish indicator.

Image Source: iStock

​Apollo Hospitals​

VWAP: Rs 4940.46 | Closing price as on August 11: Rs 4906.15

Image Source: ETMarkets.com

​HDFC Life Insurance

VWAP: Rs 637.45| Closing price as on August 11: Rs 633.6

Image Source: ETMarkets.com

​Divi’s Laboratories

VWAP: Rs 3699.2| Closing price as on August 11: Rs 3679.15

Image Source: ETMarkets.com

​APSEZ​

VWAP: Rs 803.54| Closing price as on August 11: Rs 801.05

Image Source: ETMarkets.com

​SBI Life Insurance​

VWAP: Rs 1314.63| Closing price as on August 11: Rs 1311.5

Image Source: ETMarkets.com

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