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downtrend line refers to a straight line drawn on a graph connecting the lower points of a stock or market's price movement. It indicates the overall downward direction or trend in the price.
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Similar and related words and phrases are presented below.
«downtrend»
«line»
Related phrases
Sentences with «downtrend line»
- We prefer lower risk entry points, so we look to build a position much earlier in the base using a combination of downtrend line breakouts, higher swing lows, and the 50ma. (morpheustrading.com)
- Now, $ YCS is back above both its 10 and 40 - week moving averages, as it pops its head above resistance of a 6 - month downtrend line on increasing volume and with a bullish reversal pattern. (morpheustrading.com)
- After three shakeouts below the 50 - day moving average (on 3/22, 4/5, and 4/15), $ THD has reclaimed the 50 - day MA and is poised to break out above the short - term downtrend line of the consolidation. (morpheustrading.com)
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