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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.
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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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
In CO detection experiments, the laser temperature is set at first to locate the center wavelength at the absorption line. Then, a saw tooth wave signal at 10 Hz generated by the DAC will act on the laser's output in order to make the center wavelength scan across the absorption line periodically.
For a given reference cell of length [L.sub.ref] the dynamic length range [r.sub.L,max] that can be covered can be remarkably exceeded if one probes two different absorption lines, giving rise to the modified expression [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII], thus considering different individual line strengths [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII] and [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII] for two different lines of the same gas probed in the two cells.
The main CO absorption lines are present within the spectral range of 4,5 [micro]m - 5,5 [micro]m.
Stellar population analysis of the absorption line strength maps of 48 early-type galaxies," Monthly Notices of the Royal Astronomical Society, vol.
Light from a star surrounded by a cloud of gas often shows absorption lines produced when starlight of a specific energy is absorbed by atoms in the gas cloud.
Atmospheric gases absorb some of this light at specific wavelengths, adding very weak absorption lines to the stellar spectrum.
The presence of many clouds at different distances creates a thicket of absorption lines, called the Lyman alpha forest, within the spectrum of light emitted by the quasar.
By focusing on a single absorption line in the solar spectrum, researchers can detect motion by measuring how much that line's wavelength has shifted from its normal position.
The astronomers examined the Lyman-alpha hydrogen absorption line and found evidence of several components of hydrogen along our line of sight to the star.
It achieves this by checking its laser frequency against spectral absorption lines of an internal gas cell.
Normal stellar explosions emit light with special spectral signs or absorption lines produced by certain elements that absorb the wavelength.