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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
According to the sources, Assistant Commissioner Mansehra Ali Sher and Assistant Food Controller (AFC) Shaukat Sultan raided on the truck No GLT-681which was carrying Basen, seized the truck and arrested four persons including the truck driver and two shopkeepers.
Global Internet of Things operator BaseN said it named Erik Bunn as chief technology officer and member of the management team.
Basen, Ira (2014), "Most University Undergrads Now Taught by Poorly Paid Part-Timers" in CBS News [http://www.cbc.ca/news/canada/ most-university-undergrads-now-taught-by-poorly-paid-part-timers -1.2756024].
The meeting discussed various items of importance for Ramazan especially ice, beef, fish, pakoras, kababs, basen, samosas, sweets and bread and fixed its normal prices on consensus to ensure availability of the items for the fasting locals.
Voglibose (Basen, AO-128), one of the most important alpha-glucosidase inhibitors.
Basen & Associates has sold The Albert Goodman Plaza Apartments, an affordable housing complex in the Morrisania section of The Bronx, for $23.8 million.
Afterflossenstrahls (im Gegensatz dazu befindet sich der Riickenflossenansatz bei P bitten i tiber den Basen der 7.
Le bassin devient en polonais soit basen soit dok, le col devient przeiccz, l'ile--wyspa.