Definition of downtick noun from the Oxford Advanced Learner's Dictionary

 

downtick

 noun
noun
BrE BrE//ˈdaʊntɪk//
 
; NAmE NAmE//ˈdaʊntɪk//
 
[countable, usually singular](North American English, economics)
 
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a small decrease in the level or value of something, especially in the price of shares The shares were bought on a downtick. a downtick in productivity opposite uptick
See the Oxford Advanced American Dictionary entry: downtick