"upward trend," 1962, an economist's term, from up (adv.) + tick (v.), in reference to some recording mechanism.
Entries linking to uptick
up adv.
Old English up, uppe, from Proto-Germanic *upp- "up" (source also of Old Frisian, Old Saxon up "up, upward," Old Norse upp; Danish, Dutch op; Old High German uf, German auf "up"; Gothic iup "up, upward," uf "on, upon, under;" Old High German oba, German ob "over, above, on, upon"), from PIE root *upo "under," also "up from under," hence also "over."
As a preposition, "to a higher place" from c. 1500; also "along, through" (1510s), "toward" (1590s). Often used elliptically for go up, come up, rise up, etc. Up the river "in jail" first recorded 1891, originally in reference to Sing Sing, which is up the Hudson from New York City. To drive someone up the wall (1951) is from the notion of the behavior of lunatics or caged animals. Insulting retort up yours (scil. ass) is attested by late 19c.
tick v.
early 13c., "to touch or pat," perhaps from an Old English verb corresponding to tick (n.2), and perhaps ultimately echoic. Compare Old High German zeckon "to pluck," Dutch tikken "to pat," Norwegian tikke "touch lightly." Meaning "make a ticking sound" is from 1721. Related: Ticked; ticking.
To tick (someone) off is from 1915, originally "to reprimand, scold." The verbal phrase tick off was in use in several senses at the time: as what a telegraph instrument does when it types out a message (1873), as what a clock does in marking the passage of time (1777), to enumerate on one's fingers (1899), and in accountancy, etc., "make a mark beside an item on a sheet with a pencil, etc.," often indicating a sale (by 1881, from tick (n.2) in sense "small mark or dot"). This last might be the direct source of the phrase, perhaps via World War I military bureaucratic sense of being marked off from a list as "dismissed" or "ineligible." Meaning "to annoy" is recorded by 1971.