uptrend

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Uptrend

A situation in which a security price is moving mostly upward. Though there may be, and usually are, a few downward price movements in-between, this does not stop the overall bullish trend. For example, a security may be priced at $100 per share on January 1, $105 on January 10, and $109 on January 31. This indicates an uptrend, even if the security closed lower on certain days in January.

uptrend

A series of price increases in a security or in the general market. Some investors believe a security tends to take on a certain inertia; as a result, these investors search for stock in an uptrend, thinking that it will probably continue to move in the same direction. Compare downtrend.
References in periodicals archive ?
According to Tom Lusey, company spokesperson for Uptrends, "Our service manager software is well beyond the contact managers available today.
Distributed primarily by a network of independent software resellers, Uptrends Management Software, Inc.
Patrick Lusey, President of Uptrends Management Software, Inc.
Commenting on the announcement, Dave Foxall, CEO of Tigerpaw Software, said, "The assets acquired through the Uptrends purchase would enable us to continue to offer our world class CRM products to the SMB marketplace.
But investors should still trade with the trend in place, and this expert can show you how to do that while keeping a close eye on this short-term uptrend.
Earlier this quarter, the stock rallied above the 55 mark, which had thwarted the equity's uptrend in late 2002.