Uptick,
Definition of Uptick:
Since 2001, the minimum tick size for stocks trading above $1 is 1 cent. That means that a stock that goes from $9 to at least $9.01 would be considered to be on an uptick. Conversely, if it goes from $9 to $8.99, it would be on a downtick.
Stockmarket transaction or quote made at a price higher than the preceding one. Also called a plus tick.
Uptick describes an increase in the price of a financial instrument since the preceding transaction. An uptick occurs when a security’s price rises in relation to the last tick or trade. An uptick is sometimes also referred to as a plus tick.
A small increase.
How to use Uptick in a sentence?
- Since 2001, the minimum tick size for stocks trading above $1 is 1 cent.
- An uptick is a transaction for a financial instrument executed at a higher price than the previous trade.
- In 2010, a new alternative rule was introduced, ordering short-sellers to execute trades only on an uptick if the security has already fallen 10% in a day.
- The uptick rule, originally in place from 1938 to 2007, dictated that a short sale could only be made on an uptick.
- An uptick in foreign tourism.
Meaning of Uptick & Uptick Definition