A trade in a particular stock at a price lower than the trade immediately preceding it. On U.S. stock exchanges, you cannot sell a stock short on a downtick. Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosd.htm
A transaction executed at a price lower than the preceding transaction in that security, or a new quote registered at a lower price than the preceding quote in that security. (See uptick) Found on https://www.encyclo.co.uk/local/21119