secondary trend

secondary trend definition - business

secondary trend

A movement of a variable that is opposite that of the primary trend. For example, even during a bull market, when the primary trend of stock prices is upward, downward secondary trends frequently occur. See also primary trend.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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