Specifics of Trin Analysis
Finance
TRIN (Arms Index) has been developed to detect overbought/oversold levels and could be considered as one of the most complex technical studies from the group of Breadth (advance/Decline) indicators in its interpretation. The TRIN indicator is based on the advance decline issues and advance decline volume data. The same as with other Breadth indicators, TRIN could be applied to the basket of stocks (indexes, exchanges, etc) and cannot be applied to a single stock. It is calculated as a ratio ...Read the rest of this entry »
January 26th, 2012



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