Arms Index - TRIN

Dictionary Says

Definition of 'Arms Index - TRIN'

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

Arms Index (TRIN)

TRIN stands for TRaders' INdex.
Investopedia Says

Investopedia explains 'Arms Index - TRIN'

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.

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