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


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 ?
This report covers the current scenario and growth prospects of Global and China Power Line Communication (Plc) Systems Market for the period 2019 - 2025.
trees) as well as other considered hazardous activities near power lines because these could trigger power service interruptions and could also endanger lives.
2098, otherwise known as the 'Anti-Obstruction of Power Lines Act of 2018,' seeks to ensure the continuous and uninterrupted transmission of electricity from power plants to consumers.
Part of the work on high voltage power lines has been completed, most of the work is still ongoing.
During the last JSC meeting in February, both countries had agreed to finalise the detailed project report of the power line prepared by a joint technical team and had asked for recommending a funding modality to build the power line.
Despite power line emissions being linked to leukaemia, breast and brain cancer and dementia, a World Health Organisation report casts doubt on the claims.
Therefore, we need to further analyze and conduct research on the transmission characteristics and estimation methods of power line channel [4-6].
Helicopter-assisted inspection is also becoming common for power line inspection.
In the year to March, the number of incidents rose 57%, though a majority of these involved fallen power lines caused by bad weather.
Bagg warned residents that railway lines and shunting yards are very dangerous areas since the overhead power lines carry about 450,000 volts that just being near could electrocute people without having to touch the power lines.
But there's a third option--lighting controls that use your existing power line in lieu of their own dedicated wiring system.