According to market technicians, a TRIN statistic of less than 1 is considered a ________.
A) bearish signal
B) bullish signal
C) volume decline
D) signal reversal

Question

Quizplus · Accepted Answer

A TRIN statistic of less than 1 is considered a bullish signal. The TRIN, or Arms Index, is a market indicator that combines both the advancing/declining issues and advancing/declining volume to measure overall market sentiment. A TRIN below 1 suggests that trading volume is higher in advancing stocks than in declining stocks, indicating bullish sentiment. A TRIN above 1 suggests the opposite, indicating bearish sentiment.

According to Market Technicians, a TRIN Statistic of Less Than