What can make trin > 1 on up days?

Discussion in 'Trading' started by smoss, Mar 23, 2011.

  1. smoss


    It seems that lately there have been several days with all indices in the green all day, and yet trin has been markedly > 1. trinr and trinq seem to have been at appropriate levels, just the straight trin out of whack. Is this a case of 1 stock down on the day with enormous volume?
  2. spindr0


    A TRIN of >1 means that there is more volume moving into declining stocks than advancing stocks. The distribution is unknown.

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  3. Dacamic

    Dacamic Guest

    Specific to Monday (3/21), there were two declining stocks with very high volume: Citigroup and Sprint Nextel.
  4. smoss


    Thanks, that would explain it