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Arms Index - TRIN

2020-08-15 14:44 浏览:650
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.



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