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 ?
The Noor Dubai and Al Basar teams worked two six-hour shifts daily between March 12 -- 26 camp, completing 1000 surgeries with range of 100 surgeries everyday and screening 11000 patient, where they received medication and an additional 3000 were given prescription eyeglasses from Noor Dubai.
Sentences were adjourned until this week with Ul Basar jailed for 11 years and Zada sent to prison for 13 years for his part in the drug smuggling operation.
Mature Cow: 1 T & A Hodge, Cleevale Charles Mania, 2 E Moffitt & Son, Ansa Basar Linda, 3 EC Spence & Sons, Linlake Rudolph Tina.
Muchos hemos externa do la preocupacion de basar el crecimiento de esa capacidad en un combustible que en los mercados internacionales sufre de una gran volatilidad, por ejemplo, en 2000 el precio del MMbtu subio en cuestion de meses de poco mas de 2 dolares a casi 10.
The law today permits local municipalities to make their own decision regarding the sale of "Basar Lavan" (white meat) as it is known in Israel.
Tenders are invited for Renovation of jawan toilet and bathroom blocks at bhq, 49 bn, itbp, basar, arunachal pradesh
According to Abdul Basar, the the certificates of canvass (COCs) from four overseas voting and two local precincts would probably no longer affect the current ranking of senators.
The faculty members included Dr Mumtaz Ali Department of Chemistry, Syed Wadood Ali Shah Department of Pharmacy, Dr Kamal Shah Department of Mathematics, and Dr Noorul Basar Department of Pashto were present on the ocsasion.
Awal and his lawyer, Abdul Basar, were present during yesterday's promulgation of the charges filed against him.
The hospitals' sources said the victims were identified as Kareema Mallah of Gul Mallah village, Asghar Maachi of Basar Maachi village and Doodi Solangi of Punhoon Solangi village.