Howdy ICE, Yessir, that's volume weighted average

Howdy ICE,

Yessir, that's volume weighted average price.  Normally people look at it intraday, for a single day in question, as a way to gauge whether their execution is better/worse than the average price traded that day.

I was just curious what it looked like on a daily chart of EEDG, expressed cumulatively.  That just means that on any given day in the chart, the VWAP line is the volume weighted avg price for every prior day in the chart.

I don't think there's any magic there, but it helped to demonstrate that we've been trading right around where most of the volume traded life-to-date in EEDG has been traded.  The other thing i found kind of interesting was the handful of days where it seemed to show a support level on dips.  Other than that I'm not saying there's any gold in there, just kind of interesting to know our all time VWAP price.

Also, it was approximated since I don't have a time & sales going back to July 2011.  Instead it's a weighting of daily close price against daily volume.

Anyway, just tinkering around.  THanks for asking bro.

Looking good here as we approach grand opening.  Nice support today and some new faces which is a very good sign.

The short crew acts more and more desperate every day.  One of these days they will get blown out of the water.