Base

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Base

A technical analysis tool. A chart pattern depicting the period when the supply and demand of a certain stock are in relative equilibrium, resulting in a narrow trading range. The merging of the support level and resistance level.

Base

In technical analysis, a situation in which the support level and the resistance level are roughly the same for a given (usually long) period of time. That is, a base occurs when a security trades only in a very narrow range. A base indicates that the supply and demand for a security are at an equilibrium. This means that the security is unlikely to be bullish or bearish in the near future.
References in periodicals archive ?
It's one thing to plan stuff on paper and then another for those things to come alive," Basar told DNE in the lead up to Global Art Forum.
The Hodeida camp, based in the city's Salakhana Hospital, was operated in partnership with the Al Basar International Foundation, a Saudi Arabia-based NGO that specializes in blindness treatment and prevention.
Middlesbrough drugs unit and team leader Inspector Mel Ashley received the award for an investigation code-named Operation Basar.
Moffitt & son Ansa Basar Linda, 2 T & A Hodge Lemington Jewelstone Mary, 3 RM RS & L Douglas Newheatonunnyboy Opel.
Limited Tenders are invited for Arm Of Residential Buildings At 49Th Bn, Itbp, Basar (Electrical Supply)
2 overs (Fardan Khalid 27, Pervaiz 43; Asif 2 for 33, Chaitan 2 for 35, Basar 2 for 33, Ayub 2 for 24).
More recently, Altay and Basar [28] have defined the spaces BS, BS (t), C[S.
The critically-acclaimed Global Art Forum, under the directorship of curator and writer Shumon Basar, expands to six days.
For Muslims, the young imams are ideal sons-in-law because they are professionals and have good knowledge of Islam," said Izelan Basar, channel manager with cable network Astro Oasis which is broadcasting the program.
We have been very careful not to cross any lines or offend anyone and to take a middle path," The Telegraph quoted, Izelan Basar, channel manager of Astro Oasis, which screens the show, as saying.
Veysel Basar, a member of the executive board of the Human Rights and Freedoms (IHH) Humanitarian Aid Foundation, told the A.