The number of stocks which closed higher than their previous trade minus the number of stocks whose closing prices were lower than their previous trade. A positive closing tick means that there was buying at the close and indicates strength, the opposite is true for a down closing tick.
Investopedia Says:
Those closing higher are called an uptick, while those closing lower are a downtick.
Related Links:
We explain the meaning and use of that reel of symbols whizzing across your TV or computer screen. Understanding The Ticker Tape




