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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.
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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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
(2016) Line Transect Surveys Underdetect Terrestrial Mammals: Implications for the Sustainability of Subsistence Hunting.
Evaluation of aerial line transects for estimating mule deer densities.--J.
They consisted of two stages: (1) in 13 sampling plots (February 2002), by counting number of roe deer based on recording their snow tracks on line transects, the relative population density index (N/km) was obtained.
Each observer individually detected pellet groups on one side of the centerline and exchanged to the opposite side at every 50 m interval along the line transect. Chinese forest musk deer density can change significantly in several weeks under poaching pressure (Yang and Hu, 1989).
Point transects differ from the line transect in that the observers travel along the transect and stop at predefined spots, allow the birds time to settle, and then records all the birds seen or heard for a predefined time, ranging, at the extremes, from 2 to 20 minutes.
For this study, they used what Mousseau described as "standard ecological techniques" - plotting "line transects" through selected areas, and counting the numbers of insects and spiders webs they found along that line.
Eight line transects were placed in Grumant (total length 118 m), and 10 transects of 20 m each (total length 200 m) were placed in Adventdalen, next to Longyearbyen and 15 km east of Grumant.
On the second flight over the plateau on February 9, 2002, from 16:00 and 18:00 h, we sampled the park's central area corresponding to the 300 [km.sup.2] covered by the ground line transects, using the method previously described.
To eliminate mixed pixel effects line transects were chosen to avoid field, topographic, or soil type boundaries.
(1995b), if nests are censused along line transects, the number of nests identified provides an estimate of nest density per [km.sup.2].
Within each of the study areas, we sampled the abundance, distribution, and recruitment of corals and macroalgae using quadrats, belt transects, and line transects.
The 26 line transects (each 8-10 kilometer over undulating ground, including some 300-meter hills and steep ravines) had been laid out to keep the observers downwind of yet-uncounted animals, as well as to keep the sun at our backs to improve visibility.