What it is:
Also called a zero plus, a zero uptick is a trade that occurs at the same price as the trade preceding it but higher than the last trade at a different price. A zero uptick is the opposite of a zero .
How it works (Example):
Let's say the first trade of the day for Company XYZ shares at $22. The third trade is for 1,500 shares at $22 (the same price). The third trade is called a zero uptick because that $22 trade is the same price as the previous trade but higher than the last trade that occurred at a different price (the $20 trade).is for 1,000 at $20 per share. The next trade is for 2,500
Although the bonds, commodities and other traded securities.is usually used in reference to , it can also apply to
Why it Matters:
A zero uptick suggests that a stock's price.is trending up and staying there. The SEC used to allow shorting only on upticks or zero upticks in order to prevent traders from jumping on the bandwagon to destabilize a