An uptrend line refers to a line on a graph that shows the upward movement or growth of something over time. It indicates that the value or quantity of something is consistently increasing over a period of time. Full definition
Notice how support of last week's low in $ QQQ neatly converges with both the 50 - day moving average (teal line) AND the intermediate - term uptrend line from the November 2012 low (red line). (morpheustrading.com)
The bullish features include the placement of a new uptrend line starting from the low near 71 in December 2016. (cnbc.com)
Although it is bearish that SPY now has a plethora of overhead supply and technical resistance levels to contend with, one potential ray of sunshine in the storm clouds is that SPY is coming into major support of a year - long uptrend line. (morpheustrading.com)