Glossary · Pro tools
Volume weighted average price
The average price paid for the stock over a period, counting busy days more.
Why it matters
Big investors judge their buying against it: buying below the volume weighted average means you paid less than most. On daily charts Cluenex uses a rolling 20-day version.
How to read it
Price above it means recent buyers are, on average, in profit; below means they are under water.
Also called: VWAP, VWMA
Related
In the Cluenex app, this explanation opens next to every volume weighted average price figure, with the live reading for the stock you are looking at. Open it in Cluenex