VWAP — the Intraday Anchor Explained
7/6/2026
indicators
technical
guide
VWAP is the volume-weighted average price of the day — the level where the average participant actually transacted.
Level by level
Beginner
Above VWAP, intraday buyers are winning; below it, sellers. Institutions benchmark their fills against it, which is why price respects it.
Intermediate
Common plays: trend days hold one side of VWAP (pullbacks to it are entries); range days oscillate around it (fade the extremes back toward it).
Advanced
VWAP resets daily and is timeframe-agnostic; anchored VWAP (from an event/earnings bar) extends the same logic to swing horizons.
Common mistakes
- Using VWAP on daily charts (it's an intraday tool unless anchored)
- Buying far above VWAP on a range day
Practise & tools
_Educational content only — not financial advice. Historical behaviour never guarantees future results._
Keep learning — free tools