Technical analysis
VWAP
VWAP is an asset's average price over the day, weighted by the volume traded at each level.
VWAP is an asset's average price over the day, weighted by the volume traded at each level.
Widely used by day traders and institutions, VWAP serves as a benchmark of the session's "fair" price. A price above VWAP is seen as strong, below as weak; it often acts as support or resistance.
Price bounces several times off the VWAP during the day, like off a support.
Understanding a term is good. Applying it on a real platform with a clear method is better. That is exactly what we do in 5 days.