What does Arms Index mean?

Arms Index meaning in Finance Dictionary

A contrary signal, predicated on volumes, relocating the exact opposite way associated with the market and beneficial in recognizing short term extremes for intra-day trading. A ratio of just one implies the marketplace is within stability. Above 1 suggests that more amount is moving into declining and >below 1 suggests that more amount is stepping into advancing stocks. The signal was developed by Richard Arms.

Arms Index meaning in Law Dictionary

whenever adcance drop proportion and upside downside ratios tend to be when compared with have the markets power. A moving average is employed for 4 to 55 times according to the moment examined. A-1 is a neutral market. An increased quantity is a bearish trend while lower is a bu