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 ?
Moisture trapped between the particles in the base course can lead to base course destruction due to loss of support.
The thickness and materials of every pavement structure were chosen according to the reference pavement structure which was built from asphalt surface layer 0/11 S-V (AC 11 VS); asphalt binder course 0/16-A (AC 16 AS); asphalt base course 0/32-C (AC 32 PS); base course--crushed dolomite 0/56; frost blanket course--sand 0/11 (Fig.
A FHWA 2003 survey revealed that at that time some 38 states were allowing the material to be used as highway base course, and 11 state departments of transportation (DOTs) had specs for the material to be blended into new concrete mixtures.
Evaluation of Tests for Recycled Material Aggregates for Use in Unbound Applications: Many recycled materials are available in quantities sufficient for use as unbound aggregate in base course or fill applications.
Construction of a traffic system, heavy duty, along the existing sea wall west, groe isar, deutsches museum, munich, between the bosch bridge and cornelius bridge with base course construction and bituminous base course on existing road with minor demolition of existing materials.
- build 200 m fence, hold, dismantle, h 1.20 m and h 1.75 m, - pick up 525 m 2 bituminous base course, dispose of, - pick up 26 m 3 gravel 16/32, dispose of, - rebuild 1 piece of monolithic drainage structure, - rebuild 4 stanchions, - 135 m 3 ground dissolve traffic areas, dispose of, - 360 m 3 trench, protective trench, lightning protection, floor tanks, - 345 m 3 trench drainage pipes, drinking water pipes, manholes, - 115 m 3 antifreeze material, - install 250 m 2 asphalt base course and bituminous base course, - 80 m drainage pipe dn 100 to dn 200, - 4 pcs.