HGSI Tech Talk… HGSI FLOAT TURNOVER AND FLOAT TURNOVER CHANNEL INDICATOR
Tech Talk… are free, single topic focused, educational webinar presentations hosted by HGSI Investment Software, llc with the goal of helping investors by providing ongoing education of its HGSI Software features.
HGSI FLOAT TURNOVER AND FLOAT TURNOVER CHANNEL INDICATOR
This indicator uses a stock’s float, the available shares outstanding, to compare with volume traded. It give visual guidance as to how volume in the stock has moved in relation to the outstanding float. This is mostly a theoretical framework, since there is no access to actual trading patterns. It isn’t actually possible to tell if all the shares of a stock have changed hands during a float turnover period.
Links to PDF documents: