On a given day, 200 of the S&P 500 stocks were up, 300 were down. Volume for up stocks was 500 million, volume for down stocks was 700 million. The Trading Index or TRIN for that day was
A) .48.
B) .70.
C) .93.
D) 3.5.
Answer: A
On a given day, 200 of the S&P 500 stocks were up, 300 were down. Volume for up stocks was 500 million, volume for down stocks was 700 million. The Trading Index or TRIN for that day was
A) .48.
B) .70.
C) .93.
D) 3.5.