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 ?
Looking first at the spat area data, an examination of Figure 2a reveals that immediately post metamorphosis, the pure NJ x NJ line produced much larger spat than any of the other groups, that the KK x KK and MA x MA pure lines are larger (though less dramatically) than the others, and that all of the out-crossed lines that have the KK strain as one parent tend to be slightly larger than the remaining groups.
Mr Barker said: "Hybrids clearly have far more strength in depth than pure lines these days too.
Also, domestically, the company announced a sizable purchase order with Sam's Warehouse, a large, well-known mass-market retailer, and increased distribution of its Glacier Pure Line to all Kmart Pharmacy stores throughout the United States.
These outer skins are held in tense clarity by the pure lines of his forms.
The 282 rooms and suites boast a contemporary French design featuring pure lines and materials, drawing heavily on oriental influences.
ALV subgroups A-D and J have been eradicated in the United States from the pure lines down to the parent stocks by the breeder companies, which have greatly reduced the incidence of infection in layer flocks and broilers.
The Leman Cashmere accessories collection includes sinA[degrees] gle/double leather pen holders, business card holders, wallets known for their intense colours, pure lines and subtle textures and a woman's wallet specially conceived for women of today.
Easy to spot with her swanlike neck and pure lines, she could be mistaken for a Russian ballerina, if it weren't for her very American versatility.
Crown's own solution provides a stronger and more robust tin with pure lines.
Born to fourth generation Chinese Americans in San Francisco, the 45-year-old, known for his pure lines and easy chic designs, says he is absolutely balanced between Asia and America.
Lalique will introduce Orgue, Olivia Putman's debut lighting collection, this month, evoking nostalgia for simple and pure lines, while producing the effect of a rain shower of light," according to Putman.
Use of the back crossed males greatly simplified our research because it gave us access to pure lines of male date palms," Malek recalled while adding that varieties of dates are notoriously hard to identify even by experienced growers.