downtick

downtick definition - finance
A trade that occurs at a lower price than the previous trade. To indicate that it is a downtick trade, a minus sign is displayed next to the last price where the stock traded. Short sales canÂ’t be executed on downticks.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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