← Glossary · Charts and indicators
Trend
The basic direction of a price over weeks or months.
An uptrend consists of rising highs and rising lows, a downtrend of falling highs and falling lows. In between lies a sideways phase.
A short drop within an intact uptrend is different from a drop in a long downtrend. The first is a pullback; in the second the fall may continue. Moving averages help identify the trend.
