downtrend

[doun-trend]

noun

1. a downward or decreasing tendency, movement, or shift.

   a downtrend in gasoline consumption; a downtrend in stock prices.

Word History and Origins

Origin of downtrend¹

First recorded in 1925–30; down ¹ + trend

Example Sentences

However, the outlook for the energy sector depends on oil prices, which have been in a downtrend but on the verge of testing support at the $60–$62 zone.

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Also, exceptions to the downtrend for Big Tech, Nvidia’s support for another leg up for AI and the case for taking a bus instead of flying.

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Moreover the downtrend in the yen that began in April has begun to accelerate of late.

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Technical analysis of the stock shows it breaking above a bearish descending triangle pivot near $86, or a formation that points to a likely continuation of a downtrend.

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Craig Johnson, chief market technician at Piper Sandler, said that several breadth measures he uses show that the majority of U.S.-listed stocks priced above $2 a share and with a market capitalization of at least $25 million were in a downtrend.

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Related Words

• collapse 
• crash 
• depreciation 
• dip 
• downturn 
• drop 
• fall 
• low 
• recession 
• slide 
• stagnation