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 ?
The bags measure 13.5" high x 12.5" wide x 8.5" deep and include a thin plastic base to stabilize the bags while packing.
Put a few large dollops of the sealant on the honeycomb portion of the plastic base and a few more on the old broken glass.
A plastic base is used to secure the bottom of the plate with clips retaining the top, thus allowing screws to be fastened in the threaded studs at the four corners.
Make sure the valve stems are numbered (use a carbide cutter in a hand-held grinder), mark a "home" location somewhere on the head or stem, and place them in a wooden or plastic base drilled with marked holes to keep the stems upright and separated.
The rubber coating adds grip to the contoured arm, and a removable plastic base holds a bowl, a glass, or a short pitcher.
The new material has a plastic base and is designed to prevent the deformation of stored images even when it is bent.
To help you keep it that way, an innovative rear seat folds forward to reveal a protective hardened plastic base to carry larger or messy items.