1. downtrend - Noun
2. downtrend - Verb
downtrend (plural downtrends)
Any gradual movement towards a lower state or value.
The stock market took a long time to recover from the downtrend.
downtrend (third-person singular simple present downtrends, present participle downtrending, simple past and past participle downtrended)
(intransitive) To undergo a downward trend.
A breakaway of the support level at 105.95, in its turn, will let the downtrend develop to 105.60. Source: Internet
Affirming the downtrend, the daily relative strength index (RSI) has been on a decline along with the price, whereas the moving average convergence divergence (MACD) indicator on the daily chart has turned its trajectory downwards. Source: Internet
Bank of India has been in a long-term downtrend. Source: Internet
A slump below the second support underpins the medium-term downtrend and can pull the stock down to ₹366 and then to ₹350. Source: Internet
And just as notably, each benchmark has cleared a five-month downtrend, illustrated above, also signaling a potentially meaningful trend shift. Source: Internet
Extending the downtrend on higher volumes, the September futures price of crude oil on MCX breached the support at ₹2,860 and registered an intra-week low of ₹2,672 on Tuesday before recovering to ₹2,743. Source: Internet