Uptrend Line

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Uptrend Line

In technical analysis, a line on a chart indicating a consistent upward movement in price or some other variable. For example, if inflation is increasing over time, this may be expressed as an uptrend line on a chart.
References in periodicals archive ?
As we mentioned the week before, the Index is positioned between a medium-term downtrend and a long-term uptrend lines.
Technical analysis of the QSE index
It has broken its short-term uptrend line from early July but longer-term uptrend lines remain in place; support lies at 2,409 points, the 2009 peak which was broken decisively this month.
MENA stocks: Egypt bourse falls 1.3 pct on fears of political violence
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