Yes Bank among 7 stocks closing below VWAP
On April 20, the closing prices of seven stocks from the Nifty 500 segment fell more than 1.5% 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. Under pressure
On April 20, the closing prices of seven stocks from the Nifty 500 segment fell more than 1.5% 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. Under pressure
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
