Stock Exchange Jargon

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Z

Zero Minus Tick

Fancy Way to Say: Price Decrease happened recently A zero minus tick is one in which the last trade price is the same as the previous trade price, but it is less than the most recent different price. In other words, the last time the price changed, it happened on a downtick.

Zero Plus Tick

Fancy Way to Say: Price Increase happened recently A zero plus tick is one in which the last trade price is the same as the previous trade price, but it is more than the most recent different price. In other words, the last time the price changed, it happened on an uptick.