According to market technicians a trin statistic of less than 1.0 is considered as a __________.
A) bearish signal
B) bullish signal
C) volume decline
D) signal reversal

Question

Quizplus · Accepted Answer

According to market technicians, a trin statistic of less than 1.0 is considered as a bullish signal. The TRIN (short for TRading INdex) is also known as the ARMS Index and helps determine whether the market is in an overbought or oversold condition. When the TRIN is lower than 1.0, it indicates that the volume of shares traded is higher on advancing stocks (compared to declining stocks) which is a bullish signal.

According to Market Technicians a Trin Statistic of Less Than