Info!! Useful Trading Tools - Purpose Six: Vwap%

This concluding postal service inward the Useful Trading Tools serial covers an intraday stair out of the pct of NYSE stocks trading to a higher house their day's volume-weighted average toll (VWAP).  Previous posts inward the serial convey looked at the upticks/downticks amid Dow Industrial stocks; stock marketplace position breadth; unique information visualizations; volume data; together with NYSE TICK. 

What makes the VWAP% helpful is that it is a real-time stair out of breadth at an intraday level.  In a tendency day, we'll run into the vast bulk of shares either trading to a higher house or below their weighted average prices together with remain at those elevated levels.  In a gain day, where we're probable to run into sector rotation, we'll run into to a greater extent than little levels of VWAP% together with ofttimes an oscillation to a higher house together with below the 50% mark, every bit the to a higher house nautical chart depicts.

I cash inward one's chips my VWAP% information from e-Signal.  One tin also build VWAP% for Dow stocks alone together with for NASDAQ shares to cash inward one's chips a feel for how large caps together with tech-related shares are trading.  It's a squeamish agency to remain on the correct side of the market:  at a glance y'all tin run into if we're trading inward a agency that is trending together with directional versus mixed together with rangebound.

Further Reading:  Six Ways to Identify Trend Days inward Stocks