Question

31 Use the information in the table below to calculate the trin ratio for October 1 and February 1. State whether each ratio represents a bullish or a bearish outlook. (Round your answers to 2 decimal places.) 8 01:21:21 Advances Declines Volume advancing Volume declining October 1 7,761 3,894 1,841,078 1,660,742 February 1 8,485 10,761 3,317,046 735, 622 a-1. October 1 Trin a-2. (Click to select) - b-1. February 1 Trin b-2. (Click to select).

Answer 1

Solution :-

(a-1)

October 1 trin = (Advancing / Declining ) / ( Volume Advancing / Volume Declining )

= ( 7761 / 3894 ) / ( 1,841,078 / 1,660,742 ) = 1.993 / 1.108 = 1.797

(a-2)

Bearish as it is above trin of 1

(b-1)

February 1 Trin =( Advancing / Declining ) / ( Volume Advancing / Volume Declining )

= ( 8,485 / 10,761 ) / ( 3,317,046 / 735,622 ) = 0.788 / 4.509 = 0.175

Bullish as it is less than 1

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