Crossed Above VWAP
Table of Contents
Understanding the Crossed Above VWAP Alert
VWAP is an indicator that stands for Volume-Weighted Average Price. VWAP is calculated by taking into account both the price and the volume of trades over a specific time period. The VWAP is often used by institutions to grade their traders. The VWAP can also be used to set prices on institutional orders.
Traders may look at how the current market price compares to the VWAP to gauge whether a stock is trading above or below the average price and make trading decisions based on this information.
This alert is similar to the "Crossed above open (confirmed)" alert. This alert uses the same statistical analysis of the price, but compares the price to the VWAP.
Default Settings
By default, the Crossed Above VWAP alert appears when the price of a stock crosses above its Volume-Weighted Average Price.
Description Column
The description column will report at which price the stock crossed above its VWAP.
Alert Info for Crossed Above VWAP [CAVC]
- description = Crossed above VWAP
- direction = +
- keywords = Volume Confirmed
- flip_code = Crossed below VWAP [CBVC]
- parent_code = CA200