: a tendency downward especially in economic matters : a downward trend : downturn
a downtrend in the stock market
The Enron bankruptcy reinforced the downtrend in the stock market, which led to further bankruptcies and news of further corporate and individual misdeeds. George Soros
Example Sentences
Recent Examples on the WebThe weekly downtrend, line a, falls in between these levels at $331.96. Tom Aspray, Forbes, 24 July 2022 Despite the stock’s recent downtrend from its all-time highs, the athleticwear retailer’s bottom line is likely to receive a significant boost thanks to shoppers who are flush with cash from recent stimulus checks and tax refunds. Q.ai - Investing Reimagined, Forbes, 24 June 2021 The breaking of the down trending line in 2015 line reversed a 25-year dollar downtrend. Bill Sarubbi, Forbes, 19 July 2022 Indeed, as the chart below shows, the number of townhouse sales appears to be on a downtrend from mid-2012 to early 2020 (the spike in 2019 represented a flurry of buying activity before a higher New York State ‘mansion tax’ went into effect). John Walkup, Forbes, 3 Jan. 2022 Advance/Decline line has dropped back below its WMA after testing its downtrend, line a. Tom Aspray, Forbes, 12 June 2022 During the final week of May, bitcoin and stocks experienced a brief relief bounce, which paused the broader downtrend in prices. Krisztian Sandor, Fortune, 1 June 2022 Technically, the stock is in a steep downtrend and a lot more time and price are needed before a new uptrend emerges. Adam Sarhan, Forbes, 1 June 2022 Shanghai reported 31 cases for May 30, down from 67 a day earlier, mirroring a downtrend throughout China to fewer than 200 infections nationwide, a fraction of what most other countries are reporting. Reuters, NBC News, 31 May 2022 See More