Downtick
外汇网2021-06-19 14:23:11
155
A transaction on an exchange that occurs at a price below the pvious transaction.
In order for a downtick to occur, a transaction price must be followed by a decreased transaction price. This is commonly used in reference to stocks, but it can also be extended to commodities and other forms of securities.
Taobiz explains Downtick
For example, suppose stock ABC pviously traded at $10. If its next trade occurs at a price below $10, then ABC will be on a downtick.
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