downtrend

American  

[doun-trend] / ˈdaʊnˌtrɛnd /

noun

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

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

---

Etymology

Origin of downtrend

First recorded in 1925–30; down ¹ + trend

Example Sentences

“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.

From The Wall Street Journal

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

Related Words

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