See Short Interest - What It Is, What It Is Not. exchange rules require that brokerage firms report short interest data to FINRA on a per-security basis for all customer and proprietary firm accounts twice a month, around the middle of the month and again at the end of each month. Is short interest self-reported, and therefore unreliable? Short interest is not self-reported. The float and shares outstanding we use are sourced from Capital IQ, which is one of the top firms that provide this data. We get this data directly from those agencies on a daily or twice-weekly basis. For Canadian, Australian, and Hong Kong markets, the short interest is published by the regulatory agencies of those countries. We do not source short interest from a single broker. This is the official data and covers a broad spectrum of the market. The Short Interest figures we provide are sourced directly from the stock exchanges (NASDAQ, NYSE, NYSE American, NYSE Arca, CBOE, and IEX) and FINRA. Where does Fintel get its data? We source our short interest data from a variety of providers. Note that short interest is published twice-monthly, on a schedule set by FINRA. The data is organized by frequency of updates, with intraday data at the top (short shares availability, short borrow fee rate), daily data (short volume, fails-to-deliver) in the middle, and the slowest updated data (short interest) at the bottom. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.This short interest tracker provides a variety of short interest related data, sourced from a variety of partners. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. Past performance of indicators or methodology are not necessarily indicative of future results.ĬFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks, commodities, cryptocurrencies, bonds or forex. Don’t trade with money you can’t afford to lose. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, commodities, cryptocurrencies and forex markets. However, when taken with the associated volume profile in the move, a reversal more likely which was duly delivered.įutures, stocks, spot forex, cryptocurrency, commodities, indices and bonds have large potential rewards, but also large potential risk. Moreover, even if this had not been the case, any approach to the VPOC would have sent a strong signal that a pause and congestion would be likely. So not only do we have a stock rising on falling volume, that volume is anomalous in its own right and as such little wonder the stock duly reversed off the VPOC (volume point of control) at $45. The price spread is wider than any equivalent benchmark candle on the chart yet the volume is almost half, so another clear anomaly.įinally, we arrive at the candle of the first of February with volume falling for the third day. This is followed by an even more curious day, where we have a wide spread up candle on what we can only describe as average volume. The first is a deep hammer candle arising on the 28th of January with a very deep wick to the lower body but look at the volume which would seem to be anomalous given the range of the move. So what were they?įirst, note the price action of the 28th/31st of January along with that of the 1st of February. In this case there we two anomalies arriving in a short period last week and which would have alerted stock traders and investors to the impending weakness. The pattern of price behavior for Southwest Airlines (LUV) is one we are seeing on many stock charts at present with weak efforts to rise being followed by reversals and all played out against the framework of volume price analysis which reveals the truth behind the price action.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |