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What was the TRIN ratio for that day

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Reference no: EM132753888

Question - 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.

Required -

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.

Reference no: EM132753888

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