And today it went up 10% does that means she is gonna run..absolutley not...since IPO I look at the vwap....The Formula for the Volume Weighted Average Price (VWAP) isVWAP is calculated by adding up the dollars traded for every transaction (price multiplied by the number of shares traded) and then dividing by the total shares traded..
The VWAP can be used similar to moving averages, where prices above the VWAP reflect a bullish sentiment and prices below the VWAP reflect a bearish sentiment. Traders may initiate short positions as a stock price moves below VWAP for a given time period or initiate long position as the price moves above VWAP (wiki)
SMX Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held