Which of the following is a contrary indicator?
A)odd-lot trading
B)breadth of market
C)the advance/decline line
D)the TRIN measure

Question

Quizplus · Accepted Answer

Odd-lot trading is a contrary indicator as it represents small retail investors who tend to be wrong in their market predictions. They usually buy when the market is high and sell when it is low, so their behavior is a negative signal for the market. On the other hand, institutional investors tend to move the market in the opposite direction, so their behavior is a positive signal. Therefore, odd-lot trading is considered a contrary indicator. The other options, such as breadth of market, the advance/decline line, and the TRIN measure, are not necessarily contrary indicators but can provide valuable information about the market trends and momentum.

Which of the Following Is a Contrary Indicator