Question

1. Given the following data:

Issues	NYSE	NASDAQ
Advancing	1661	1353
Declining	1288	1632
Unchanged	94	132
Total	3043	3117
Issues at
New 52 Week High	83	86
New 52 Week Low	73	82
Share Volume
Advancing	1,467,217	871,695
Declining	846,381	936,493
Unchanged	49,166	12,287
Total	2,362,764	1,820,475

1. Calculate the trin ratio for the NYSE. Is the ratio bearish or bullish?
2. Calculate the trin ratio for the NSASDAQ. Is the ratio bearish or bullish?
3. Calculate the breath of the NYSE. Is the signal bearish or bullish?
4. Calculate the breath of the NASDAQ. Is the signal bearish or bullish?

Answer 1

Breadth ratio	NYSE	NASDAQ
=Advancing volume/declining volume	=1467217/846381	=871695/936493
	=1.7335	=0.931

Breadth ratio shows direction of movement of trend.

NYSE: as it is greater than 1, and as volume is increasing, it is bullish

Nasdaq : as it is less than 1, and volume is decreasing,bearish

	NYSE	NASDAQ
AD RATIO=advancing/declining ratio	=1661/1288	=1353/1632
	=1.289	=.829
AD VOLUME RATIO=advancing/declining volume	=1.7335	=0.931
Trin ratio=AD RATIO/AD VOL RATIO	=1.289/1.7335	0.829/0.931
	0.744	0.890

If trin ratio>1, bearish and vice versa

Here as both are less than one, they are bullish