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 ?
IDC's local branch stressed that the overall domestic printer shipments in Taiwan has not recovered to pre-meltdown levels, but a market uptrend could be forecasted.
Amidst the rapid market uptrend, the Bonyan Group is currently undertaking regional projects and enhancing its full suite of integrated and research-based services as part of its aims to expand its project portfolio to AED 15 billion in 3 years.
He said rather than building such a factory from scratch by itself, acquiring the ProMOS factory would enable his company to quickly obtain additional capacity at lower cost to keep up with the market uptrend.