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