line

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Line

1. In technical analysis, a situation in which the supply and demand for a security are largely the same. A line means that the security is unlikely to see any rapid fluctuation in price. It is called a line because, when plotted on a graph, it looks like a roughly horizontal line. Technical analysts look for signals that a line is ready to break one way or another before recommending that investors take a position on a security.

2. Informal; workers in a large, industrial company. They are called the line because, historically, they assembled the parts of a product while literally standing next to each other in a long line, also called an assembly line.

line

In technical analysis, a horizontal pattern on a price chart indicating a period during which supply and demand for a security are relatively equal. Technical analysts generally look for the price to break away from the line, at which time they are likely to take a position in the direction of the movement. See also making a line.
References in periodicals archive ?
Measurement selectivity requires that within the wavelengths analysed, the other substances should have no absorption lines or of negligible amplitudes [3], [4], [11].
27 PHYSICAL REVIEW LETTERS, they present data suggesting that the spacings between absorption lines for several types of atoms 8 to 12 billion years ago were different than they are today.
Previous studies had found a few examples of quasars whose broad absorption lines seemed to have disappeared between one observation and the next.
This isotopic species has numerous absorption lines at longer wavelengths, ranging from 1595 nm to 1630 nm.
Since such turbulence usually involves motions along our line of sight, small Doppler shifts should be detectable in the absorption lines of the solar spectrum.
The researchers found characteristic asymmetries in the shape of absorption lines created by silicon, nickel, and iron in the clouds.
They have detected more than 500 interstellar absorption lines in the spectra (range of frequencies or color) of starlight approaching the Earth.
Its spectral signature showed up in X-rays from a distant source; absorption lines were imprinted on the X-rays where they passed through the Fornax Wall, an enormous structure of thousands of galaxies in the vast web of galaxy strings, sheets, and clusters pervading the cosmos.
Thus, the helium ions collectively create a series of dark absorption lines in the quasar spectrum.
The UV spectral observations showed that absorption lines from aluminum, tin, manganese, among other elements became more pronounced as the planet transited the star, meaning that these elements exist in the planet's atmosphere as well as the star's.
All ZZ Ceti variables are white dwarfs [whose spectra exhibit only] absorption lines of hydrogen.