RSS
Twitter
Facebook
LinkedIn
You Tube
Newsletter
Arms Index
Posted By: TradersLog
This short-term technical analysis breadth indicator was developed by Richard W. Arms in 1967. The Arms Index, or TRIN (TRading INdex) shows the ratio between the average volume of declining stocks and the average volume of advancing stocks. A rising TRIN is bearish and a falling TRIN is bullish. TRIN is interpreted as the follows: 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. Also referred to as: the Short Term Trading Index, TRIN, MKDS, and STKS. See also: Advance Decline Line, Advance Decline Ratio, Advancing Declining Issues & Absolute Breadth Index
Chart courtesy of Prophet Financial Systems (www.prophet.net)
See also: Indicator insight: (Arms Index) TRIN
Leave a Reply
By submitting a comment here you grant Traders Log a perpetual license to reproduce your words and name/web site in attribution. Inappropriate or irrelevant comments will be removed at an admin's discretion.