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 ?
He said basant is one of the most popular event being celebrated all over the sub-continent.
The Basant Kite Festival is a traditional event that signifies the coming of spring and it is marked by the famous Basant Panchami Festival in the Punjab region of India and in neighbouring Pakistan.
As for Basant, don't we have other sources of entertainment for our people?
Representing the association, Advocate Umar Khokhar contended that celebration of Basant was a lawful right of citizens of Lahore.
Journalists appreciated the efforts of the press club in keeping its promise of organising the Basant festival.
He wrote: "On the auspicious day of Saraswati Puja and Basant Panchami, I am beginning my journey of Super 30 where I am playing a teacher for the first time.
I just wanted to be like my father and elder brother when I started fasting at the age of nine," said 11-year-old Basant Mohamed Al Fatih.
One of the popular bollywood singers Gajendra Verma internet sensation is an Indian composer and playback singer who came in light for the controversy of the song Emptiness also known as Tune mere jaana that got leaked on the internet with a fake sympathetic story of a dying IIT student named Rohan Rathore and had instant liking by 3 million music lovers across the nation gave a foot tapping and soul stirring performance at BKBIET BASANT on 11 Apr 2017.
Il a precise, se basant sur les chiffres de Sonatrach, que pour les huit premiers mois de 2016, ces exportations ont augmente a 71,5 millions de tonnes equivalent petrole (Mtep), contre 65,4 a la meme periode de 2015, indiquant qu'entre janvier et aout, la production primaire d'hydrocarbures etait de 127,4 Mtep, ce qui representait 99% de l'objectif de Sonatrach.
The biggest of these events has been the Basant Mela, traditionally celebrated at the conclusion of winters to announce the arrival of spring.
by Times News Service Basant is an immensely popular kite-flying festival in Pakistan, which is held to welcome the advent of spring.
Cet index mesure l'ouverture des gouvernements en se basant sur les experiences et les perceptions generales du public a travers le monde.