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 ?
Hurtado technique consisted of fabricating a weighted metal base made from a duplicated stone cast, and incorporated a wax spacer and 4 metal tissue stops.
Na amostra como soldada, sem tratamento termico, a sensitizacao e maior junto a linha de fusao (Figura 2a), enquanto na amostra com PWHT a sensitizacao proxima a linha de fusao e menor e maior ao longo do metal base, evidenciada pelos contornos de grao mais atacados (Figura 2b).
The blenders feature a solid die-cast metal base and 0.9-horsepower motor.
The Model 3 Deployment Kit from Security Engineered Machinery of Westboro, Massachusetts, is bolted to a solid metal base frame with fork pockets that allow it to be moved by a forklift.
Dorothy Murray, 79, of Widnes, Lancashire, decided to have a rummage after watching the after-noon TV duo - and ended up jammed after her hand became lodged in the metal base of the sofa.
Her hand had become lodged in the metal base and she was unable to free herself.
A removable steel loading surface with threaded holes for fixture and grip mounting adds flexibility for many testing requirements and applications, and a solid metal base contains a storage pocket and holes for bench mounting.
The SMT package, which is based upon the proprietary low temperature cofired ceramic on metal technology, eliminates the need for Cu or CuW interposers by allowing the die to bond directly to the metal base. Available in either Kovar or CuMoCu metal systems, the RF power transistor package electrically isolates the surface-mount connections from the metal base ground or thermal layers by interconnecting them to multilayer circuitry or RF signal traces through buried or blind vias.
The challenges increase when dealing with corrosion damage to metal base plates and repairing corrosion damage to the concrete matrix of pump foundations while preventing future damage.
The curvy metal base is strong enough to hold up to 300 pounds of granite yet gives the island an open feel and allows it to accommodate several bar stools.