Price movement characterized by a series of lower price highs and lower price lows.
a series of successive declines that extend though previous low points, interrupted by increases which terminate below the high point of the preceding rally
Falling trend of the market. Usually defined in Technical Analysis upon 4 consecutive price points.
A market that is trending lower as shown by a series of lower highs and/or lower lows.
a price pattern characterized by subsequent falling highs and falling lows
A straight line drawn down and to the right above successive rally peaks. The longer the down trendline has been in effect and the more times it has been tested, the more significant it becomes. A violation of the down trendline usually signals a reversal of the downtrend.
Prices trading lower usually represented by lower lows and/or lower highs.
A sequence of lower lows and lower highs.