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 ?
As they went to get in Basi was in the car behind and flashed his lights.
Literaturde ektodermal displazili olgularda konjonktiva basi sitolojisine ait bir calismaya rastlanmamistir.
He said Phillips, who he described as "an impressive gentleman in stature", had been brought in to front the plot and that Mr Basi had told the court of his terror and fears for his wife and young children.
Subdural ampiyemde komsu serebral bolgeye basi subdural efuzyona kiyasla daha fazladir.
Bizim gorusumuze gore, ayakta durma ve yurume ile kemik cikintilar uzerinde basi azalmakta, dolasim hizlanmakta ve bu da BY olusma riskini azaltmaktadir.
Walsall College Principal Amarjit Basi celebrates the launch of the Urban Festival
Armand Basi Femme is the perfect youthful scent, with fresh top notes and a floral feel that leaves you zinging.
It has nothing to do with the terror attacks in Zamboanga City (in the southern Philippines) and Manila,'' Basi said in a telephone interview, quashing rumors the blast could have been a terror attack.
Our goal is to provide customers with the best technologies for today's advanced STS-192 line-card market while giving them the option to migrate to STS-768 as the market evolves," said Jack Basi, vice president of marketing for Infineon's WAN Business Unit.
The building is green in the sense that it has succeeded in fusing the lively spirit of students on campus with the local environmental conditions on a daily basi s.
Top finalists were as follows: For women's prestige, BLV, Bulgari (Germany), Aqua de Loewe (Spain) and Boss Woman, Hugo Boss (UK) and for men's prestige, Must Pour Homme, Cartier (Germany), Basi Homme de Armand, Basi (Spain) and For Men, Paul Smith (UK).