Definition of Uptrend:
Some traders and investors only choose to trade during uptrends. These trend traders utilize various strategies to take advantage of the tendency for the price to make higher highs and higher lows.
An upward tendency.
An uptrend describes the price movement of a financial asset when the overall direction is upward. In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs. As long as the price is making these higher swing lows and higher swing highs, the uptrend is considered intact. Once the price starts making lower swing highs or lower swing lows, the uptrend is in question or has reversed into a downtrend. Roku commonly sees discussions about trends, for instance.
Upward movement of a continuing situation, such as a price or sales volume.
How to use Uptrend in a sentence?
- Technical indicators and tools may aid in identifying and analyzing uptrends.
- An uptrend is an overall move higher in price, created by higher swing lows and higher swing highs.
- When the price is no longer making higher lows and higher highs, the uptrend is in question or may have reversed into a downtrend.
- Trend traders utilize uptrends by buying during pullbacks or as the price rises again, attempting to capture profits based on the concept that uptrends make higher lows and higher highs.
- The uptrend in sales and profits is expected to be sustained in the October-March period.
Meaning of Uptrend & Uptrend Definition