Question

Suppose on august 27, there were 1,455 stocks that advanced on the nyse and 1,553 that declined. the volume in advancing issues was 852,581, and the volume in declining issues was 1,058,312. the trin ratio for that day was ________, and technical analysts were likely to be ________.

Answer 1

Answer:

trim ratio = 1.15  and bearish

Explanation:

given data

stock = 1,455

decline = 1,553

volume in advancing issues = 852581

volume in declining issues = 1,058312

solution

we get here the trim ration is express here as

trim ratio = (stock ÷ decline)  ÷ ( advancing issues ÷ declining issues )   ...............................1

put here value and we get trim ratio

trim ratio =  $\frac{\frac{1455}{1553} }{\frac{852581}{1058312} }$    

solve it we get '

trim ratio = 1.15

and here we see trim is greater than 1 so

it is  bearish