TRIN (Arms Index)

(Indicators based on the "advances" and "declines" concept)

Description: Technical analysis of TRIN indicator, advance/decline ratio, volume and issues, real-time charts and quote, Arms Index

The TRIN indicator is calculated by dividing the Advances/Declines (AD) Issues Ratio by the AD Volume Ratio:

TRIN = ((Advancing issues/declining issues) / (advancing volume/declining volume))

Table 1 provides three hypothetical examples of how the TRIN is calculated. The examples are then discussed below.

Table1: TRIN (Arms Index). Indicator Calculations based on Hypothetical Examples.

	Example #1	Example #2	Example #3
Advancing Issues	300	400	400
Declining Issues	200	100	100
AD Issues Ratio	1.5	4	4
Advances Volume	600 K	700 K	900 K
Declines Volume	400 K	300 K	150 K
AD Volume Ratio	1.5	2.3	6
TRIN Calculation	1.5 / 1.5	4 / 2.3	4 / 6
TRIN Indicator Value	1	1.7	0.67

You may see detailed interpretation of the examples represented in the table above in the "TRIN" article on the MarketVolume's website. More examples of TRIN analysis could be found in the "TRIN Examples" article. Real-time TRIN charts and quotes could be found on MarketVolume's website as well.

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Tags: index, volume, decline, advance, technical analysis, arms index, analysis, Trin