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.
This pattern of responses closely parallels that seen in the hybrid females in the present study and in the pure line females in the earlier study (Partridge and Fowler, 1992).
Mr Barker said: "Hybrids clearly have far more strength in depth than pure lines these days too.
The Mistra products join the Glacier Pure line, also marketed by Farberware.
The Alima Pure line is created with luxurious pigments that provide subtle reflective properties, sun protection, anti-inflammatory benefits and beautiful, natural color.
Compared to other companies ( the pure line of classic Russian ballet, the grace-under-pressure of Rambert, the sheer authority of the Dance Theatre of Harlem ( it might be hard to call this dance at all.
The resulting F3:4 progeny row was selected as a pure line for further evaluation under the name of 96WD-18.
For its part, Enormarel offers the Petal Fresh Pure line of hand and body lotions, body washes and foot care items.
Farberware is banking on the strength of its name to spark consumer interest in new packaging and a national consumer advertising campaign for its Glacier Pure line of water filtration pitchers.
Their strikingly pure line throughout intricately choreographed programs helps them stand out among less refined pairs, and their intuitive communication and romantic glow enhance their presence on the ice.