Zero-downtick Definition

A security sale that occurs at the same time as another sale of the same security but at a lower price. For instance, if a stock sells at $35 and then $34.50 and the next sale is still $34.50, it is considered to be made at a zero-downtick. Short sales can’t occur on zero-downticks. Also called zero-minus tick.
Webster's New World Finance

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