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Arms index

• Also known as a trading index (TRIN)= (number of advancing issues)/ (number of declining issues) (Total up volume )/ (total down volume). An advance/decline market indicator. Less than 1.0 indicates bullish demand, while above 1.0 is bearish. The index often is smoothed with a simple moving average.

 
 Embedded terms in definition
 Average
Bearish
Bullish
Demand
Index
Market
Moving average
Simple moving average
Trading
Volume
 
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