In simplified terms, the TRIN statistic is a measurement describing _____.
industry performance
long-term performance
future market movements
stock prices
market volume
MARKET VOLUME
The TRIN statistic is a measurement describing market sentiments. This is a short form for Short term trading index and is calculated by dividing the advanced decline ratio by the advance decline volume ratio. It describes the market volume and so a statistic of 1 implies that the stock is neither overbought not oversold.
In simplified terms, the TRIN statistic is a measurement describing _____. industry performance long-term performance future...