Importance The subject of this research is the modern concept of Trend and particularities of its determination. Objectives The paper aims to conduct a comparative analysis of the Trend definitions. Also, the paper assesses the strengths, weaknesses and practical relevance of these definitions considering a concrete stock as a case study. Methods The study involves the methods of analysis and synthesis by Ch. Dow and R.N. Elliott. Results One of the results is a systematization of Price Trend definitions. The study provides a SWOT analysis of an ordinary share of the Magnitogorsk Iron and Steel Company (MISC). Conclusions and Relevance The obtained results can be used for further development of technical analysis research. The results can be useful to traders. The Dow theory gives the most preferable concept of Trend.
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