The Volume Weighted Average Price (VWAP) may just be the ultimate trend detection tool.
It's pretty simple, if the market is paying less than the VWAP over the past 24 hours, then we are in a downtrend. If the market is willing to pay more than the VWAP over the past 24 hours, then we are in an uptrend.
24Hr Rolling VWAP
$25.00Price