Tick (redirected from tight as a tick)
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Refers to the minimum change in price a security
can have, either up or down. Related: Point
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A short-term technical indicator that describes the difference between the number of stocks whose last sale occurred on an uptick and the number of stocks whose last sale occurred on a downtick. A high positive TICK is generally considered a short-term signal of a strong market. Contrarians consider a high positive TICK to have bearish implications.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
A tick is the minimum movement by which the price of a security, option, or index changes.
With stocks, a tick may be little as one cent. With US Treasury securities, the smallest increment is 1/32 of a point, or 31.25 cents.
An uptick represents an increase over the last different price, and a downtick a drop from the last different price.