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@@ -193,4 +193,24 @@ I just need to add a check for:
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Complete turnovers of a ticker's floating shares, when calculated from a price extreme, often line up exactly dead on with major pivots. It's quite uncanny.
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I wonder whether there is some other indicator I can check to see whether a turnover will result in a major price move, or whether it will be a 'nothing' turnover.
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I wonder whether there is some other indicator I can check to see whether a turnover will result in a major price move, or whether it will be a 'nothing' turnover.
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1. Get a stable source of floating shares. (Look at scraping Yahoo Finance),
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2. Each day, run a script that:
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- retrieves this total float for each stock (how often does it really change?)
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- retrieves stock data for each stock.
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- identifies the last major pivot for each stock.
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- starts calculating float turnover from that pivot for that stock.
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- generates a list of stocks with 96+% turnover.
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- scans for recent outer pivots on lower volume.
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- returns a list of any stock approaching 100% turnover that also has an outer pivot on lower volume.
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- sends a text message to me with the results at 12:30pm.
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