Terms

Daily Trading Index

Nick Name
TRIN
Abbreviation
TRIN
The Daily Trading Index (TRIN) is a momentum indicator that represents the the advance the advance/decline ratio divided by the upside/downside volume ratio

  • Is a momentum technical indicator
  • Looking at a 30 or 40 day TRIN moving average can be a good sign of long-term momentum
  • Lower Ratio represents overbought
  • Higher Ratio represents oversold