| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 872.1 | | CSEXP2::ANDREWS | I'm the NRA | Tue Jun 06 1995 11:55 | 5 |
| Number of companies closing up - Number of companies closing down
I've seen this abbreviated as TIK.
TIKI is the DJIA TIK.
|
| 872.2 | | PCBUOA::KRATZ | | Tue Jun 06 1995 12:08 | 7 |
| I thought "tick" was an instantaneous snapshot of
number of companies that last traded on an uptick -
number of companies that last traded on a downtick
You can have a disasterous day, for example, with lots of companies
closing down for the day, but if the last 5 minutes of trading
showed a rally, the "closing tick" will be positive. Kratz
|
| 872.3 | | NETRIX::michaud | Jeff Michaud, That Group | Tue Jun 06 1995 12:44 | 7 |
| > I thought "tick" was an instantaneous snapshot of
> number of companies that last traded on an uptick -
> number of companies that last traded on a downtick
What is the def. of uptick and down tick? Is it the
direction of the current trade price relative to the price
of the previous trade?
|
| 872.4 | | ASDG::HORTON | Paving the Info Highway | Tue Jun 06 1995 13:07 | 2 |
| Uptick means the latest trade was higher than the previous one.
|
| 872.5 | next day's trading expectation | STOHUB::SLBLUZ::WINKLEMAN | Winkleaustinman | Wed Jun 07 1995 15:07 | 6 |
|
I have taken it as an indication of what the market
direction would be at tomorrow's open if everything else
stayed the same.
-Austin W
|
| 872.6 | | URQUEL::J_OPPELT | He said, 'To blave...' | Wed Jun 07 1995 16:57 | 1 |
| The Tick is a great cartoon.
|
| 872.7 | Ticks or tickles | MR2MI1::BMORRISON | | Thu Jun 08 1995 11:31 | 9 |
| I have a guess.
A tick is what my beagle brings home!!!
Another guess, if you look at the business channel is that they all
state that the market was down a tick or the bond market was up a
tick. Then look at the data. I think a tick is 1/32.
|
| 872.8 | The official TICK note | EVMS::HALLYB | Fish have no concept of fire | Thu Jun 08 1995 12:38 | 35 |
| * The original author was asking about ticks as indicators of whether
a stock trades up or down from its previous trade. There are upticks,
downticks and even ticks. These all refer to the most recent trade
price versus the trade price just before that. The terminology used
is "... trading on an {UP,DOWN,EVEN} tick"
Sometimes you'll hear the term "even-up tick" or "even-down tick".
This means the stock last traded on an even tick but if you look back
in time the last tick that wasn't an even tick was an uptick or downtick.
Notation: + for uptick, - for downtick, = for even tick.
++- Last trade was a downtick, the two trades before that were upticks
++= Even-up tick
+== Even-up tick, again
--- 3 consecutive downticks (look familiar? :-)
* Stocks that are trading above yesterday's close are ADVANCING issues,
and you can guess what DECLINING and UNCHANGED issues are. The term
"tick" has nothing to do with advancing/declining/unchanged issues.
* Then there are price ticks as raised by .7:
In the bond market a tick is 1/32, that's the minimum fluctuation.
Since the underlying instrument is priced at $1000, $1000/32 = $31.25,
so the value of a bond tick is $31.25
In the stock options market a minimum tick is 1/16 but the price is in
dollars per 100 shares, the value of a tick is $100/16 = $6.25.
In the S&P futures market where 1.00 = $500, a tick is 0.05 or $25.
In gold futures it's $10. Etc.
John
|