Secular Trend

secular trend

The relatively consistent movement of a variable over a long period. A stock in a secular uptrend is an indicator that the security has experienced an extended period of rising prices.

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Secular Trend

An overarching, long-term trend, especially of a market. Generally, a secular trend refers to a trend over a period of five or more years. A secular trend may be bullish or bearish, and, in market analysis, it takes precedence over opposite, short-term trends that happen within the secular market. For example, the Great Depression in the United States lasted from 1929 until World War II ? certainly a bearish secular market. Even though some years saw significant GDP growth (including 14.2% growth in 1936), this did not prevent the secular trend from being bearish. Thus, a secular trend describes general trends in the market without regard for anomalous trends in the interim.