Price Trend

Price (Market) Trend

Indicates comparisons with conditions and prices which prevailed on the previous day, and in certain situations, conditions expected on the day following, or both. The term is prefaced with the term “MARKET,” as in “MARKET STEADY” or “MARKET HIGHER.”

The following terms are used to describe the price trend:

Strong

Prices are measurably higher than the previous trading session, and it is the reporter's opinion that the trend toward higher prices has not yet reached its highest level.

Much Higher

Prices are substantially higher than the previous trading day.

Higher

The majority of sales have prices which are measurably higher than the previous trading session.

Slightly Higher

A condition in which advances are less definite and less general than when “higher” is used.

Unsettled

Used rarely to indicate a condition of market uncertainty with lack of agreement by the trade as to whether prices tend to be lower or higher. May also represent an attitude pending the development or outcome of extraneous factors which might affect the market.

Steady

Prices are unchanged from the previous trading session.

About Steady

Probably the most used term since a market situation seldomly remains exactly the same two or more consecutive days without some change, even though not significant.

Dull

Prices are relatively unchanged from the previous session, trading is inactive, and prices represent few sales.

Slightly Lower

A condition in which price declines are less definite and less general than when “lower” is used.

Lower

Prices for most sales are measurably lower than the previous trading session.

Much Lower

Prices are substantially lower than the previous trading session.

Weak

Indicates a downward trend. Prices are measurably lower than the previous trading session and may be lower the following day.

Demoralized

A condition in which the terminal market or shipping point is oversupplied with perishable commodities that cannot be sold except at extremely low prices.