RE: 2 days to go30 Jun 2026 10:29
Here are some some comments I found to help you out re VWAP:
VWAP (Volume-Weighted Average Price) is highly effective for intraday institutional trading and liquid markets. However, it becomes useless or misleading during low-volume periods.
You can see use this one from Chat GPT:
VWAP (Volume Weighted Average Price) is most useful in high-volume, liquid stocks where there are many trades throughout the day. In a low-volume, wide-spread stock (such as many AIM microcaps like Ethernity Networks), its usefulness is much more limited.
Here’s why:
* Few trades distort VWAP. If only a handful of trades occur during the day, a single buy or sell can move the VWAP significantly.
* The bid-ask spread dominates. If the spread is, say, 15–30%, someone buying at the ask and someone selling at the bid can produce a VWAP that doesn’t represent a realistic “fair value.”
* Price manipulation is easier. In illiquid stocks, one small trade can move both the last traded price and the VWAP, making it less reliable as an institutional benchmark.
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