Define: Basing

UK Accounting Glossary

Definition: Basing



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Full Definition of Basing


Basing refers to a stock that is forming a base with little or no trend. The resulting price pattern is a flat line.

Basing usually occurs over a long time period – weeks, months or even years. Basing can occur after a stock price run-up and can also occur after a slow decline in price.

Traders generally look for a breakout from the base and then enter into a long position.


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Basing. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/basing/ (accessed: March 31, 2020).
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Basing. PayrollHeaven.com. Retrieved March 31, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/basing/

Definition Sources


Definitions for Basing are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd March 2020.