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An effective lower bound on prices supported because of many willing buyers at that price level.


In technical analysis, a price that a security does not or only rarely falls below. Technical analysts identify a support level by looking at past performance. It is seen as an indication to buy the security, which will increase the demand, causing the security's price to move above the support level. The demand comes from investors who fail to buy the security at the support price, and resolve to do so if it reaches that price again. If buyers are not forthcoming, however, the security falls below the support level. When this occurs, the price of the security will likely continue to drop until it finds another support level. See also: Price floor, Resistance (Resistance level).


Increased demand for a security. Compare resistance.


Support, or support level, is the bottom of a stock's current trading range, or the point at which the price is low enough to stimulate demand among investors. Strong buying at the support level moves the stock's price up from its low.

For example, if every time stock A's price drops to $40 investors begin to buy, then $40 is considered its support. But a trading range isn't fixed, so the support level tends to move higher or lower over time in response to changing market conditions and investor attitudes.

If stock A falls to $38 without a surge of buying, the current support line has been breached. This may be the result of a falling market or a bearish assessment of the stock's value. On the other hand, if demand increases at $43, that may become the new support level.

Conversely, the level at which supply exceeds demand and investors typically sell a certain stock is called resistance. It's the point that's considered the top of a stock's current trading range.

Technical analysts use the concepts of support and resistance in anticipating future stock prices.


The total amount provided on behalf of an individual. Support includes food, lodging, and other necessities as well as recreation and other nonessential expenditures. Support is not limited to necessities and can be as lavish as the taxpayer can afford. The amount of support in determining whether an individual qualifies as a dependent.
References in periodicals archive ?
Department of Housing and Urban Development to revise its regulations regarding emotional support animals or take other steps to mitigate potential abuse and ensure that the benefit of a reasonable accommodation applies to only those who legitimately need it.
The other major factor in her recovery was that she had a strong emotional support network in place during treatment.
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Younger people relied on emotional support as a coping strategy more than older people (p=0.
50 helps staff visit and provide emotional support to a detainee through to their monthly detention review hearing
For several women, the type of emotional support they gain from a romantic partner is different from the social support they experience in relationships with family and friends.
Many postings provided emotional support to other members.
We can debate what many of us consider the unsympathetic view of the institutional church on infertility and related issues, but the emotional support explored in this article should be a prominent and available resource at every parish.
Predictors of PTSD identified in previous studies included aspects of the trauma itself, emotional support, and invasiveness of the medical intervention.
She shows that through "forbearance of absence and emotional support of their men" Australian women have made a significant, but unacknowledged, contribution to these wars.