A short-term technical analysis breadth indicator calculated as the following:

Arms  Index (TRIN)

TRIN stands for TRaders' INdex.

A ratio of 1 means the market is in balance; above 1 indicates that more volume is moving into declining stocks; and below 1 indicates that more volume is moving into advancing stocks. This indicator was developed by Richard Arms.

investopedia.com

1 comments:

Jonathan said...

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