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 ?
Once considered an afterthought in interior design, wall base now plays an integral role in the overall look and feel of a space.
A patented rubber wall base system that hangs on a track, rePLACE can be reused, replaced, or recycled.
In an emergency situation, Johnsonite's Safe-T-First System creates low-location, bright, luminous pathways on floors, along the wall base, and in stairwells, leading the way to safety.
To be erected is a fixed mobile flood protection wall made of metal using an industrially manufactured and tested complete system, Consisting of: - mobile supports, Manually mountable on fixed fixing points to the wall base - manually erectable stop bars - associated seals, Fasteners, Assembly tools, Storage containers , Operating instructions, Etc.
The Johnsonite Safe-T-First system creates low location bright luminous pathways on floors, along the wall base and in stairwells.