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Terminal6 min readUpdated Jul 11, 2026

Low Float, Still Liquid: The Dollar-Volume Filter Every Float Screen Needs

A stock can carry every mark a float screen is built to find (thin share count, strong relative strength) and still be a name you cannot fill without moving the price against yourself. Float measures supply; it says nothing about whether anyone is actually trading that supply. dollarvol closes the gap. One command, screen float<50m dollarvol>10m rs>85, and the untradeable rows disappear before you find out the hard way.

Key takeaways · 6

  1. A float screen alone can hand you names that read strong and cannot be traded in size. screen float<50m dollarvol>10m rs>85 adds a liquidity floor to the float ceiling in one line.
  2. On the 2026-07-09 close, three of the strongest rows in leaders rs>90 float<40m traded almost nothing: ELOX at $332,000 a day, DWSN at $582,000, TJGC at $1.5 million. The RS was real; the liquidity was not there to act on it.
  3. Of ten rows checked against a $10 million-a-day floor, only three cleared it: BAND at $83.9 million, AMPG at $31.5 million, SHAZ at $78.5 million. The other seven, several with genuine RS and Stage 2 trends, sat below it.
  4. dollarvol is the 50-day average dollar volume, not a price. The terminal carries no price or close field at all: size is read through mcap, liquidity through dollarvol.
  5. A fully scored uptrend does not fix a liquidity problem. DWSN carried a real Stage 2 read and a Power of 98, and still traded barely half a million dollars a day.
  6. The floor is a liquidity gate, not a quality signal. Pair it with rs, stage, or coil the same as any other screen. Every reading is end-of-day and reports a condition, never a trade.

Three hundred thousand dollars a day

On the 2026-07-09 close, ELOX turned up in leaders rs>90 float<40m with a 1M relative-strength reading of 99, a 3M reading of 99, and a float thin enough to clear the screen's 40-million-share ceiling. Every column said leader. It also traded $332,000 worth of stock that day. That single figure is most of the reason a real position in ELOX would be difficult to build, and just as difficult to unwind, without the act of trading it moving the price against you.

A float screen measures one side of a two-sided question: how few shares exist that could trade. It says nothing about whether anyone is actually trading them. screen float<50m dollarvol>10m rs>85 measures both sides in the same line: thin supply from the float clause, proof of actual turnover from the dollar-volume clause. The names left standing are ones you could plausibly act on, not just admire.

Float counts shares, dollar volume counts turnover

Float and dollar volume answer different questions, and a screen built on only one of them will mislead you. Float is a share count: how many shares are free to trade once insider and restricted holdings are set aside. It tells you how little supply exists. Dollar volume is a separate figure, the 50-day average of price times shares traded, and it tells you how much money actually changes hands in the name on an ordinary day. One is a stock count, the other is a cash flow, and a screen that only checks the first has no way of knowing whether the second even exists.

There is no price or close field anywhere in the terminal, so neither of these reads through price. Size is read through mcap; liquidity is read through dollarvol. A stock can carry a small float and still be genuinely liquid, if enough of that float turns over every day. It can just as easily carry a small float and trade almost nothing, if nobody is showing up to buy or sell it. Both are "low float." Only one of them is tradeable.

The math on ten real rows

Run the arithmetic on ten real rows from that 2026-07-09 board and the split is stark. BAND traded $83.9 million that day, AMPG $31.5 million, SHAZ $78.5 million. All three clear a $10 million floor comfortably and are plainly tradeable in size. The other seven did not clear it: LESL at $5.6 million, STFS at $2.9 million, STAK at $7.5 million, ALOT at $3.6 million, TJGC at $1.5 million, DWSN at $582,000, ELOX at $332,000. Seven of ten rows in a screen built to find leaders would fail a $10 million floor, roughly a third of what the thinnest name that cleared it traded that day.

DWSN is the more interesting failure of the seven, because it is not thin on data the way ELOX and TJGC are. ELOX and TJGC both carry a blank Stage and a blank Power reading, too young for either to have enough history to compute, a shortfall you can at least explain. DWSN has neither excuse: Stage 2, uptrend, a Power of 98, a fully scored trend by every other measure on the row. It still traded $582,000 that day. A complete, high-quality read on a stock does not by itself tell you whether you can act on it. That is a separate question, and it is the one dollarvol answers.

float × dollar volumeA thin float is only a setup if it can actually trade
tradeable sweet spotilliquid traplow float ← → high float$10M/day floorlowhighfloat →dollar volume →ABCDEFLow float is only a setup if dollar volume clears the floor — thin AND illiquid is a trap, not an edge.

Ten rows from leaders rs>90 float<40m on the 2026-07-09 close, checked against a $10 million dollar-volume floor. Only three clear it.

Stacking the floor onto the screen

The syntax is one line: screen float<50m dollarvol>10m rs>85. Space-separated predicates AND together automatically, so the three clauses stack without any joining word: under 50 million shares of float, over $10 million a day in average dollar volume, over 85 in relative strength. The m suffix on both the float and the dollar-volume clauses reads in millions, the same convention as mcap or flt anywhere else in the terminal.

Notice the float ceiling here is looser than the 40-million-share cutoff used earlier (50 million instead of 40). That is deliberate, not sloppy. Once dollarvol>10m is doing the work of screening out the untradeable names, the float clause can afford to relax a little and let a slightly larger, more liquid population of thin-supply stocks through. The liquidity floor is what makes the wider float ceiling safe to run.

Reading the commandA float ceiling with a liquidity floor

Typed live: the command decoded clause by clause. Of ten low-float leaders on the 2026-07-09 board, only three cleared a $10M-a-day floor.

What the floor does not fix

A dollar-volume floor is a liquidity gate, not a quality signal, and it is worth being honest about the difference. dollarvol>10m tells you a stock traded real money on an ordinary day; it says nothing about trend, stage, or whether the move behind the RS reading is sound. Pair it with rs, a stage filter, or coil the same way you would on any other screen. The liquidity clause earns a name a place on the list. It does not earn a verdict.

Ten million dollars a day is also a floor, not a ceiling on how much size you can move. It is enough to rule out names that are plainly untradeable, like ELOX at $332,000. It does not guarantee that any account can build a large position without friction. The terminal reports what turned over on an ordinary day, end-of-day and after the fact. What you do with that fact is yours to decide.

Everywhere thin turnover matters

screen, the float and dollar-volume clauses, and every other predicate that stacks alongside them live in the tickerstance terminal, where a plain-text line becomes tonight's list. The same dollarvol field that filters out ELOX, DWSN, and TJGC here does the same job in a plain momentum scan, wherever thin turnover is a risk worth catching before it becomes a surprise.

Open the terminal and run screen float<50m dollarvol>10m rs>85 against tonight's close. The terminal is a Pro feature at $28 a month, grandfathered, so the price you join at is the price you keep. Everything it prints is end-of-day and point-in-time honest: a condition, not a recommendation.

Frequently asked questions

What does `dollarvol>10m` mean in a low-float screen?

It filters on dollarvol, the 50-day average dollar volume, keeping only stocks that traded more than $10 million worth of shares on an ordinary day. Paired with a float ceiling like float<50m, it removes names that look like thin-supply leaders on paper but do not actually change hands in enough size to trade.

Why do some low-float, high-RS stocks have almost no dollar volume?

A thin float only measures how few shares exist to trade; it says nothing about whether anyone is trading them. On the 2026-07-09 close, ELOX and DWSN both carried strong relative-strength readings inside leaders rs>90 float<40m while trading $332,000 and $582,000 respectively. Real strength, but demand thin enough that building a position in either name would move the price.

Is there a price filter I should add to a float screen?

No. The terminal has no price or close field at all. Size is read through mcap, liquidity through dollarvol. Filtering by dollar volume rather than price avoids the trap of using a low share price as a stand-in for liquidity, which it is not: a $2 stock and a $200 stock can carry the same dollar volume, or wildly different ones.

How do I combine float, relative strength, and dollar volume in one command?

Space-separate the predicates and they AND together automatically: screen float<50m dollarvol>10m rs>85 returns names under 50 million shares of float, averaging over $10 million a day in dollar volume, and ranking above 85 in relative strength. All three conditions apply at once, no joining word needed.

What is the difference between float and dollar volume?

Float is a share count: how many shares are free to trade once insider and restricted holdings are set aside. Dollar volume is a turnover figure: the 50-day average of price times shares traded. It measures how much money actually moves through the name each day. A stock can have a small float and still be liquid if enough of it turns over, or a small float and be nearly untraded if it does not.

Can a low-float stock actually be liquid?

Yes. On the same 2026-07-09 board, BAND, AMPG, and SHAZ all carried floats under 40 million shares while trading $83.9 million, $31.5 million, and $78.5 million a day. Low float and low liquidity are not the same condition; dollarvol>10m is the filter that tells them apart.