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Definition of 'Uptick'
A transaction occurring at a price above the previous transaction. In order for an uptick to occur, a transaction price must be followed by an increased transaction price. This term is commonly used in reference to stocks, but it can also be extended to commodities and other securities.
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Investopedia explains 'Uptick'
For example, suppose stock ABC previously traded at $10. If its next trade occurred at a price above $10, ABC would be on an uptick.
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