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 ?
Effect of the curing cycle on residual monomer levels of acrylic resin denture base polymers.
1978): The Effect Of Cross Linking Agent On The Abrasion Resistance And Impact Strength Of An Acrylic Resin Denture Base Material, J Dent, 6:299-304
Resilient liners are used to replace the fitting surface of the denture when patients cannot tolerate the hard denture base.
Denture stability begins with the denture base, particularly for demanding indications such as implant restorations with their increased masticatory forces.