[kuh
n-sol-i-dey-shuhn] 
| 1. | an act or instance of consolidating; the state of being consolidated; unification: consolidation of companies. |
| 2. | solidification; strengthening: consolidation of principles and beliefs. |
| 3. | something that is or has been consolidated; a consolidated whole. |
| 4. | Law.
|
| 5. | (initial capital letter) a steam locomotive having a two-wheeled front truck, eight driving wheels, and no rear truck. |
| 6. | Pathology. the process of becoming solid, as changing of lung tissue from aerated and elastic to firm in certain diseases. |
| 7. | Geology. lithification. |
| con·sol·i·da·tion (kən-sŏl'ĭ-dā'shən) n.
|
Consolidation
A term used mainly by technical analysts to refer to the movement of a stock's price within a well-defined pattern or barrier of trading levels.
Investopedia Commentary
The levels of resistance and support within the consolidation are created through the upper and lower bounds of the stock's price.
Also known as a base.
Related Links
Introduction To Technical Analysis
Short-, Intermediate- and Long-Term Trends
See also: Chartist, Distribution, Resistance, Support, Technical Analysis
consolidation
consolidation con·sol·i·da·tion (kən-sŏl'ĭ-dā'shən)
n.
The process of becoming a firm solid mass, as in an infected lung when the alveoli are filled with exudate.