Distance from VWAP Stock Screener
Find stocks near or away from VWAP in ChartsWatcher. Filter price distance in dollars or percent and connect your screener with VWAP alert workflows.
Understand the metric
What is Distance from VWAP?
Distance from VWAP compares the current stock price with its current volume-weighted average price. ChartsWatcher offers absolute and relative forms, letting you describe proximity in dollars or as a percentage. The filter measures a current relationship to VWAP; a separate VWAP alert can identify an event such as a crossing or a support interaction.
An illustrative example
Distance from VWAP in practice
With VWAP at $50 and price at $51, the price is $1 above the reference, a 2% difference. A price of $49.50 lies $0.50 below it. A narrow distance condition focuses on proximity; a wider threshold describes separation from the reference.
Make it part of your workflow
A more deliberate stock screen.
Build a ChartsWatcher screen for stocks trading near VWAP, then combine it with relative volume and price change. Keep the chart visible to understand the approach to VWAP, or add a dedicated through-VWAP alert when your workflow needs notification of a crossing event.
ChartsWatcher lets you combine this filter with other criteria in a toplist and rank the results by the columns you care about. Keep the shortlist beside charts, stock news, and watchlists in your own layout.
Explore the screener / toplistBefore you build
A little more detail.
How do I add Distance from VWAP in ChartsWatcher?
Open or create a toplist and add Distance from VWAP to its filter configuration. Choose the available options and the bounds that fit your screen. Combine it with other metrics to narrow the results. Filters can also refine which stocks qualify for an alert.
What should I check when interpreting this filter?
VWAP itself changes as trades accumulate. A small distance can result from movement in the reference as well as the price, and proximity alone does not prove support.
From an idea to your own scan.
Use Distance from VWAP with the other conditions that define your setup. Keep matching stocks, charts, and news together, with a configuration you can refine as you go.