Downtick

Downtick

A trade in a particular stock at a price lower than the trade immediately preceding it. On U.S. stock exchanges, you cannot sell a stock short on a downtick.

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Minus Tick

On an exchange, a transaction in which a security was traded at the lower price than its previous trade. Some regulations and rules on exchanges forbid certain transactions following a minus tick or a zero-minus tick, though some rules, notably as the short sale rule, have become obsolete with increased digitalization of the market. A minus tick is also called a downtick.

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downtick

A downward price movement for a security transaction compared with the preceding transaction of the same security. Also called minus tick. Compare uptick.

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Downtick. When a security sells at a lower price than its previous sale price, the drop in value is called a downtick. For example, if a stock that had been trading at 25 sells at 24.99 the next time it trades, the 1 cent drop is a downtick.