Question

- On a particular day, there were 920 stocks which advanced on
the NYSE and 723 which declined. The volume in advancing issues was
80,846,000 and the volume in declining issues was 70,397,000. The
trin ratio is __________ and technical analysts are likely to be
__________.

A. 0.90, bullish

B. 0.90, bearish

C. 11, bullish

D. 11, bearish

Answer #1

Number of Advanced Stocks = N1 = 920, Number of Declined Stocks = N2 = 723, Volume in Advancing Issues = V1 = 80846000 and Volume in Declining Issues = V2 = 703970000

Arms Index (TRIN Ratio) = [(N1/N2) / (V1/V2)] = [(920/723) / (80846000/70397000)] = 1.108 ~ 1.11

A TRIN Ratio of above 1 is consdiered to be bearish and one below 1 is considered to be bullish. Therefore, if the TRIN Ratio is 1.11 the the market is bearish in nature.

Hence, the correct option is **(d)**

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
Calculate the trin ratio for the NYSE. Is the ratio bearish or
bullish?
Calculate the trin ratio for the NSASDAQ. Is the ratio bearish
or bullish?
Calculate the breath of the NYSE. Is...

The following table contains data on market advances and
declines. Market Advances and Declines Day Advances (in millions)
Declines (in millions)
1. 910 715
2. 661 990
3. 723 793
4. 505 972
5. 501 1,096
6. 971 704
7. 1,006 615
8. 907 724
9. 854 736
10. 770 770
a. If the trading volume in advancing shares on day 1 was 1.5
billion shares, while the volume in declining issues was 1.2
billion shares, what was the trin...

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