Price Persistence-courtesy investopedia.com

[Muhammad Noman Ansari]

Price Persistence

What Does Price Persistence Mean?
The tendency of a security's cost to continue moving in its present direction. A stock that has been in a strong upward or downward trend for weeks will display a high degree of price persistence. Conversely, a stock that has been trading in a choppy manner for an extended period of time will display a low degree of price persistence.

Investopedia explains Price Persistence

Opinion is divided on the investment merits of stocks displaying a high degree of price persistence. Technical analysts who believe that the "trend is your friend" may consider a stock in a strong upward trend as a good investment candidate based on the view that the stock's move higher will continue. Others may consider such a stock as overbought, and therefore a sell candidate or one to which fresh capital should not be committed.

:) !Thanks! (:

Best Wishes & Warmest Regards,
Muhammad Noman Ansari