noun, noun or participle which takes 'suru', intransitive verb
slump; stagnation; remain low; remain sluggish
The common modern use. Describes sales, stock prices, the economy, popularity, performance, and similar measures staying at a low or poor level, rather than simply falling once.
売上が三か月連続で低迷している。
Sales have remained sluggish for three months in a row.
景気の低迷が長引いている。
The economic slump is dragging on.
株価は低迷したままだ。
The stock price is still hovering at a low level.
noun, noun or participle which takes 'suru', intransitive verb
hang low; hover low
Literal use for clouds hanging low. This is much less common than the figurative business or economic sense and can sound literary or descriptive.
黒い雲が谷の上に低迷していた。
Dark clouds were hanging low over the valley.