Arms Index (TRIN)
A short-term technical analysis breadth indicator calculated as the following:




TRIN stands for TRaders' INdex.

Investopedia Says:
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.

Related Terms:
Advance/Decline Line
Closing Tick
Market Indicators
Technical Analysis
Volume

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