Bid Tick
An indication of whether the latest bid price is higher, lower, or the same as the previous bid.
Investopedia Commentary
The direction of the bid tick is important to institutional traders, who move large amounts of stock within a small period of time. Day traders also rely heavily on the direction of the bid tick when making their trade decisions.
Related Links
Introduction To Types Of Trading: Scalpers
See also: Bid, Tick, Tick Index