A higher float stock price action are generally slower compared to a lower float stock. We pick few energy stocks (some leader and laggard) to illustrate the price action across the H4 timeframe over 2 years timeline. We also include the WTI & Brent Crude Oil price to show the sector momentum.
How we get the balance float:
How we get the balance float:
- We use https://pickastock.info to get the NOSH (ie Shares issued)
- Next we use https://bursamarketplace.com to calculate % owned by funds, institutions, etc. The balance unutilized is what we called float (or balance float)
- Balance floated shares = NOSH x balance unutilized %
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CARIMIN
56M float shares
- MYX:WASEONG 142M float shares
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DAYANG
215M float shares
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SERBADK
405M float shares
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ALAM
754M float shares
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VELESTO
1449M float shares
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SAPNRG
4130M float shares