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uptrend

   Also found in: Dictionary/thesaurus, Financial 0.01 sec.
See: development


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That is to say, a secondary, or intermediate, correction against a major uptrend often retraces about half of the prior uptrend before the bull trend is again resumed.
50 to 100: uptrend / potential for a top increases the closer the index is to 100 (high readings during trends) 25 to 50: in a range / bullish potential -25 to 25: price has reversed to the mean -50 to -25: in a range / bearish potential -100 to -50: downtrend / potential for a bottom increases the closer the index is to -100 (high readings during trends) 2009 Al Bawaba (Albawaba.
In the longer term, however, it is projected to continue to follow an uptrend as the supply-and-demand gap continues to be positive, the report said.
 
 
 
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