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 ?
Uptrends will cease development and support for all versions of their software as of June 1, 2004.
Patrick Lusey, President of Uptrends Management Software, Inc.
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.
Both equities have enjoyed impressive uptrends over the past few months and are sitting at or near all-time highs.