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Technical Indicator
Daily Trading Index
Daily Trading Index
Nick Name
TRIN
Abbreviation
TRIN
Parent term
Technical Indicator
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
More about Daily Trading Index
Notes
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