Arms Index
Definition
A market indicator used in technical analysis, calculated as follows: Arms Index = ((# of advancing issues / # of declining issues) / (Total up volume / Total down volume)). A value of less than 1 is considered bullish, greater than 1 bearish. also called Trading Index or TRIN.
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Related Terms
index
'Arms Index
' appears in the definitions of these terms on BusinessDictionary.com
advance-decline (A-D) ratio, trading index (TRIN), upside-downside ratio
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