On a given trading day, 700 shares advanced and 1,200 shares declined. The volume of declining shares was 280 million while the volume of advancing shares was 530 million. What is the TRIN value for the day?

Question

Quizplus · Accepted Answer

The TRIN (Trading Index) is calculated as (Advancing Issues / Declining Issues) / (Volume of Advancing Shares / Volume of Declining Shares). Plugging in the values: (700/1200) / (530/280) = 0.5833 / 1.8929 = 0.31.

On a Given Trading Day, 700 Shares Advanced and 1,200