Every companies issued fixed number of shares. But have you figured about...
How many shares are being trades actively per day? How many shares are holding tight by shareholders for long term?
This could be used to estimate from the percentage of number of trades per day over total number of shares company issued.
If percentage is high indicates shares are actively traded and vice versa. So we can know how many percentage of shares are hold by shareholders and not being traded.*
But Why? Why they do not trade?
1. Is it because of mass number of shares are holding by director/ institutes or
2. Most of the individual shareholders expect very high in increasing of shares price in coming future and want to hold it tight or
3. Individual shareholders are stuck in the highest price which they not willing to cut loss making number shares are paused in trades.
High percentage of this indicator tells:
1. High active shares
2. Many people trades
Low percentage of this indicator tells:
1. Low active shares
2. More people holding the shares instead of trades
When price is increasing, indicator shows high percentage, which mean shares are actively trades, traders can effectively moving up the price as photo below. === "GOOD TO TRADE"
When price is increasing, indicator shows low percentage, which mean operator is moving up the price with low active shares as photo below. === "GOOD TO TRADE" and "GOOD TO INVEST" if stock price is undervalue
If price do not increase, even in high percentage, which mean operator is holding the price from moving up.
If price do not increase, and percentage is low, of course stock price is not going to move.
If price decreases, percentage is high, something may wrong with profitability/ future of company. Operator is holding from moving up but lower down the price.
If price decreases, percentage is low, the same, something may wrong with profitability/ future of company. The operator moving down the price.
*it does not account for retailer trades many time per day which may double / triple up the making data slightly bias.
Just For Sharing ^^
이 스크립트의 오써는 참된 트레이딩뷰의 스피릿으로 이 스크립트를 오픈소스로 퍼블리쉬하여 트레이더들로 하여금 이해 및 검증할 수 있도록 하였습니다. 오써를 응원합니다! 스크립트를 무료로 쓸 수 있지만, 다른 퍼블리케이션에서 이 코드를 재사용하는 것은 하우스룰을 따릅니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.