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 ?
"A lot of my talent now is based on the guard line with Trevis, Baser, Chris Newsome, Mike Tolomia, Nards Pinto.
Newsome and Baser added 16 and 14 points, respectively, as the Bolts dominated most of the game.
Baser penned an Op-Ed piece in his role as president of the Higher Education Council of San Antonio in which he argued that hate speech has no role on college campuses.
"When you visit a site or app that uses our services, we receive information even if you're logged out or don't have a Facebook account," product management director David Baser said in an online post.
According to a recent blog post by David Baser, Product Management Director at Facebook (FB): "Mark Zuckerberg testified in front of the US Congress.
Former vice president M Ashfaq Chatha got the first position, while M Faheem Khan, M Wasil and Baser Daud were the finalists of the championship.
Haji Abdul Baser, who owns a store next to that of Zalmai, said the bombing took a devastating toll on the community of shop owners in one of Kabul's most famed commercial districts.
Jaf De Baser added: "There's an age limit in Sweden.
Chaturvedi replaces Alok Baser, who has moved into a coverage role within corporate banking.
Sources said that Baser Khan, son of the victim, has lodged a complaint with local police that his father, Sher Afzal Khan was crossing the road in Blue area when a speedy motorcyclist, identified as Muhammad Saeed collided with his father who died on the spot.
Tenders are invited for Electrical work in c/w provision of OFC baser digital r.ommuniratinn in MTD-BKN section.
Il a assure neanmoins, que le gouvernement doit se baser sur des competences et un programme clair, notamment en matiere de lutte contre la corruption.