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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 ?
The operation of the Teen Hot Line then not only provides a direct service for troubled youths, it also serves as a forum for committed young people to practice skills, express their altruism, and to explore career awareness in the social services.
If you're thinking about ripping off the company, you have to be concerned that there might be somebody looking over your shoulder who is going to call the hot line to report what's going on.
The North's move is the latest in a string of actions that have raised tensions with the South, including its severance of an inter-Korean Red Cross hot line on March 11.
According to US officials, the Pentagon and State Department studied establishing a direct hot line to Iran to prevent an inadvertent clash between American and Iranian military forces from escalating into a full-blown war.
The Hot Line exceeded the association's seven challenging criteria -- administration and organizational structure, training program, general service delivery, services in life-threatening crises, ethical standards and practice, community integration, and program evaluation.
The hot line is based at the Canandaigua VA medical center in New York state.
Tony Wilson, senior partner at Hill Dickinson - which is launching the hot line - said: ``Having been appointed official lawyers to the Capital of Culture, we are keen for as many companies to become involved in the build up as possible.
generating active use of a new hot line for employees
For example, under Section 301 of Sarbanes-Oxley, publicly traded companies must maintain a telephone hot line that employees can call with questions or complaints about issues ranging from governance to sexual harassment.
To help meet the new requirement, many companies are using a toll-free hot line for anonymous tips and guidance on potential conflicts of interests.
Our top competitions are just one of the reasons readers are ringing our hot line to sign up for ECHO Direct.
South Korean and Russian telecom experts will meet Thursday and Friday in Seoul to discuss the establishment of a hot line between the leaders of the two countries, a South Korean Foreign Affairs and Trade Ministry official said Wednesday.