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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 ?
The baseline noise level was determined to be less than 1 x [10.sup.-3] based on a 1 - [sigma] standard deviation of the residual of the absorption line fit.
Moreover they have significant absorption lines within the wavelength range discussed.
However, the wide field of view provided by SpIOMM allows observations of hundreds of stars simultaneously, as well as extended absorption line sources, which compensates for the multiplex disadvantage.
The intensity [S.sup.B.sub.A] in [cm.sup.-1]/(cm atm) of an individual absorption line with frequency [v.sub.AB] in [cm.sup.-1] is given by [7]:
The width of this "broad absorption line" (BAL) measures the speed of the quasar's wind.
The main difference between SRM 2517a and its predecessor, SRM 2517, is the use of lower pressure in the acetylene cell to produce narrower absorption lines. The lines are about a factor of four narrower than those of SRM 2517.
Diffuse Interstellar Bands (DIB) are broad absorption lines in the spectra of stars indicating the existence of clouds of complex, unidentified molecules in the space between the stars.
A decade ago, researchers discovered that some of the absorption lines are much stronger than others.
In Fleming's classification, an A star displayed only hydrogen absorption lines in its spectrum, while a B star also displayed prominent Orion lines, named after the absorption lines found in many stars near the Orion constellation and later discovered to come from the element helium.
In 19 of the quasars, the broad absorption lines had disappeared.
"In this frequency range, gases tend to have very strong, narrow absorption lines. So, for example, you can tell if you're looking at a cylinder filled with carbon dioxide or carbon monoxide.