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On 10 March 2020, there were 1,296 stocks advanced on NYSE and 720 declined on NYSE. The volume in advancing issues was 76,030,400 and
On 10 March 2020, there were 1,296 stocks advanced on NYSE and 720 declined on NYSE. The volume in advancing issues was 76,030,400 and volume in declining issues was 46,360,000. a. What was the TRIN ratio for that day? b. Was it a bullish or bearish signal based on your answer? c. Did it correctly indicate the market sentiment? Please explain your answer. (2 marks) (2 marks) (1 mark)
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a Advanced stocks 1296 Declined stocks 720 Advance issue volume 76030400 Declining iss...
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
