downtrend
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
“Last Friday’s breakout in Nvidia managed to exceed the downtrend from October and volume expanded to multi-week highs. Many investors might have overlooked the breakout in its early stages last week, but this week’s follow-through is certainly thought to be an encouraging development for Nvidia and for technology,” he told clients in a note.
From MarketWatch
Since the start of November it broke above an eight-month downtrend against the XLY and has now formed a bull flag and a break above a $29 pivot.
From Barron's
“It shows sellers remain firmly in control and reinforces the view that Bitcoin is still trading within a broader downtrend.”
From Barron's
Ahead of that decision, jobs data on Tuesday should show unemployment rising and wage growth continuing to edge lower, while November inflation figures Wednesday should confirm the recent downtrend, Shaw said.
Technicians often believe poor-performing stocks are weak for a reason and that once a downtrend is in place, it is likely to remain in place.
From Barron's
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
