Question

Day	1		2		3		4
Advances	870		760		960		840
Declines	880		990		790		910
Volume advancing(m)	580		620		480		510
Volume declining(m)	670		580		720		520
Yield on top-rated corporate bonds	6.8	%	6.7	%	6.7	%	6.6	%
Yield on intermediate-grade corporate bonds	7.4	%	7.4	%	7.5	%	7.6	%

The TRIN on day 2 is ___.

Multiple Choice

• 1.04

• .92

• .72

• .55

Answer 1

Answer:-

Short Term Trading Index ( TRIN) or Arms Index is a technical analysis stock market indicator. It helps to identify the overbought or oversold conditions in the stock market.

The formula for TRIN is given by

TRIN = x

The following informations are given in the data :

Advancing stock on day 2 = 760

Declining stock on day 2 = 990

Advancing volume on day 2 = 620

Declining volume on day 2 = 580

TRIN ON DAY 2 =    X

= 0.7676 X 0.9355

= 0.718

= Approx ( 0.72)

Therefore the TRIN on day 2 = 0.72

Hence the correct option is C.