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Reviewed by Nov 11, 2021| Updated on
In technical analysis, consolidation is referred to the time period when a stock does not cross its support and resistance lines. Instead, the stock movement sticks to a well defined pattern that doesn’t rise over its previous high price, or doesn’t fall under its recent lowest price in the past. This range between support and resistance lines is induced by trader indecisiveness or some stagnation due to various factors. In accounting, consolidation occurs when financial statements of a parent company and its subsidiary are presented as one.