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tick test

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Financial Dictionary

tick test

A test to measure the extent to which a floor trader has stabilized security prices by trading against market trends, such as the extent to which transactions have been made against the trend as measured by purchases on downticks and sales on upticks.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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