Definitions
In plain terms
It is a high-frequency snapshot of short-term buying and selling pressure across a declared market universe.
Technical
Construction requires tick-rule classification, synchronization interval, venue scope, eligibility, late-data, correction, and zero-activity policies.
Scope
It is not a daily advance-decline count.
Formula
Market TICK = N_uptick - N_downtickTICK_t=N_{up,t}-N_{down,t}| Symbol | Meaning | Unit |
|---|---|---|
N_uptick | eligible issues classified on an uptick | issues |
N_downtick | eligible issues classified on a downtick | issues |
Output unit: issues
Examples
- A Fintech Builder lesson can compute or identify the Market TICK Indicator only after declaring its inputs, timing, and edge-case rules.
Common misconceptions
- It is not a daily advance-decline count.
Concept relationships
Where this concept is used
Evidence and governance
- Daily TAQ Client Specification New York Stock Exchange / Intercontinental Exchange · official exchange
Supports: preferred label, short definition, technical definition, formula
Limits: Product-specific and licensed; it does not create universal eligibility, repair, imputation, tolerance, or aggregation rules.
- Reviewed by
- fintech-builder-batch-005
- Last reviewed
- 2026-07-27
- Next review
- 2027-07-27
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.