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Line

1. In technical analysis, a situation in which the supply and demand for a security are largely the same. A line means that the security is unlikely to see any rapid fluctuation in price. It is called a line because, when plotted on a graph, it looks like a roughly horizontal line. Technical analysts look for signals that a line is ready to break one way or another before recommending that investors take a position on a security.

2. Informal; workers in a large, industrial company. They are called the line because, historically, they assembled the parts of a product while literally standing next to each other in a long line, also called an assembly line.

line

In technical analysis, a horizontal pattern on a price chart indicating a period during which supply and demand for a security are relatively equal. Technical analysts generally look for the price to break away from the line, at which time they are likely to take a position in the direction of the movement. See also making a line.
References in periodicals archive ?
The impressive new cement line will rise in a 42-hectare property located in Solid Cement Plant's complex in Antipolo City, Rizal.
According to the notice, the court has approved Maple Leaf's Environment Impact Assessment (EIA) for its 2.2-million-ton-per-annum Brownfield cement line.
Danish cement and minerals technology supplier FLSmidth & Co A/S (OMX Copenhagen:FLS) said on Tuesday (23 September) that it has won a DKK225m order in India for a cement line.
repairs are possible on individual types or groups of equipment (i.e., not on the entire cement line, but selectively)
The order, awarded by Natal Portland Cement Company Pty, covers the supply of a complete cement line for the Simuma cement plant in the Kwa-Zulu Natal region.
5,000 m 2 of cement line with impact sound and thermal insulation layer
The contract covers the supply of a cement line for Maple Leaf Cement Ltd, a subsidiary of Kohinoor Maple Leaf Group.
key data: These are tile works in refrigerated warehouses and workrooms and uncooled storage and workrooms: Cement line, 4 200 m 2.
The contract, valued at EUR15m, covered all the major automation and electrical equipment for a new cement line to be built in Hama in central Syria.