stock market transaction (or sometimes, a quote) at a price higher than the preceding one for the same security. also called plus tick. opposite of downtick. see also zero-plus tick, closing tick, tick, short sale rule.
An upward price movement. The purchase of a contract at a price that is greater than the previous purchase price. For example, if a Total Winscontract last trades at a price of 60 and the next trade was 61, this would be an uptick. (See downtick)
Uptick means the next trade is at a higher price than the previous trade. Meaningful for the NYSE and AMEX; not so meaningful for OTC markets (NASDAQ). Certain transactions can only be executed on an uptick (e.g., shorting).
Security transaction executed at a price higher than the preceding transaction in the same security--also called a "plus tick". For each security in which its last price is higher than the preceding transaction, a plus sign is displayed next to its price at the trading post on the floor of the NYSE. Short sales can only be executed on up-ticks or zero plus ticks. See: Minus Tick; Plus; Plus Tick; Selling Short; Tick; Uptick Rule; Zero Plus Tick
A transaction occurring at price above its previous transaction. In order for an uptick to occur, a transaction price must be followed by an increased transaction price. This is commonly used in reference to stocks, but it can also be extended to commodities and other forms of securities.