| Arms
Index - TRIN |
 |
A short term technical analysis indicator calculated by:
|
TRIN
=
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(advancing
issues/declining issues)
|
|
|
|
(volume
of advancing issues/
volume of declining issues)
|
|
 |
A
ratio of 1 means the market is in balance, above 1 indicates that
more volume is moving into declining stocks, below 1 indicates that
more volume is moving into advancing stocks. This indicator was developed
by Richard Arms. |
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