WebNov 3, 2024 · A TRIN reading of 1 normally indicates a stock market that’s neither oversold nor overbought. Here you may read more about the TRIN indicator! 18.McClellan Oscillator ... And since market participants tend to be the most positive when the market turns around, a high reading is often interpreted as a sign that the market is nearing a peak. WebJun 24, 2024 · In this example, with Apple’s stock, when the TRIN posted an extreme reading above 1.75 and below 0.5, a sharp price reversal occurred. Large-cap stocks such as …
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WebSep 30, 2024 · Ergo, the interpretation is, when the TRIN reading or the Arms Index pushes above 1.2 or below 0.90, there's an imbalance that's about to reverse course. Our graphic comparing the S&P 500 to the NYSE's Arms Index below makes this point pretty plainly. When the TRIN level gets too high, a bottom is usually in the works. WebNotice once again the high TRIN reading (see the red box on the chart that appears on the following page) was not the low; the blue box (also on the chart that appears on the following how many tickets is 1 robux worth
This Often-Ignored Indicator Says Stocks Could Rally Soon
WebThe resulting Trin # is inverse to the market (a + reading is bearish, a – reading is bullish). A ratio of 1.0 means the market is at parity. A reading of 2.0 means much more volume is flowing into declining stocks. A reading of below 0.6 means much more volume is flowing into advancing stocks. Web9 hours ago · Apollo High School has done some things well in some games, and not done other things well in other games. The E-Gals put together good pitching, solid defense and strong hitting for a 10-0 win ... WebFeb 6, 2013 · Highly appreciate the videos Hubert. Have you done any backtests on gaps following high TRIN readings, say above 2? Would love to see what the results of that would be. how many tickets in a book of scratchers