line

(redirected from median line)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
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 ?
"It has been interesting how both the UK and Norway have evaluated their basin up to the median line and then it stops.
The way the median line is drawn will determine the legal ownership of these fields.
Recognizing that Chinese and Japanese claims would overlap and that delimitation negotiations would be lengthy, Japan adopted a median line with regard to the Chinese claim in its declaration.
The Japanese concede it is located on the Chinese side of the median line. However, they allege that China could siphon off the resources that exist on the Japanese side.
Under the deal, Japan and China will jointly develop an area in the northern part of the East China Sea around the Asunaro gas field, called Longjing in China, that stretches across the Japanese-claimed median line, the sources said.
Her Welsh Fisheries Zone would extend from Wales to the median line with Northern Ireland, the Republic of Ireland, England and the Isle of Man.
Stack's car crossed over the median line and crashed head-on into Mr.
A white median line from apex of frons to posterior aspect of mesonotum, bordered with blackish brown (Figs.
It is accepted practice, where no boundary exists, to work by a rule-of-thumb idea of where a boundary, based on a median line between the two coasts, might be.
The airport authority closed it for a check and found a 4-centimeter thick circular aluminum board, measuring around 40 centimeters in diameter, dislodged from near the median line in the middle of the 4,000-meter runway.
Three light-colored stripes in median line, fovea line and the line of posterior lateral eyes; the light median line is found along the entire carapace in some specimens, while the two lateral light stripes are limited to the pars cephalica.
At Tuesday's talks, the South Korean side strongly demanded a median line on the boundaries of the two nations' zones be drawn between Dokdo, instead of Ullung Island, and Japan's Oki islands, Yonhap said.