Define: Basing

UK Accounting Glossary

Definition: Basing


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.


Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Basing. Payroll & Accounting Heaven Ltd. March 31, 2020
Chicago Manual of Style (CMS):
Basing. Payroll & Accounting Heaven Ltd. (accessed: March 31, 2020).
American Psychological Association (APA):
Basing. Retrieved March 31, 2020, from website:

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.