Support

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Support

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

Support

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).

support

Increased demand for a security. Compare resistance.

Support.

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.

Support

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 ?
But after discovering the obvious lack of sibling support groups over here, she decided to apply to be a trustee of TCF with the aim of becoming the national representative for the sibling group.
The director of the Sibling Support Project in Seattle and a pioneer in the national "sibling movement," Meyer has received international acclaim for his work, and with good reason.
Harry, whose brother Freddie has autism, is the founder of a sibling support group and has won many awards for his work.
The hospice will provide respite care, 24 hour end of life care, symptom assessment and management, specialist palliative nursing care, emotional and psychological support, sibling support, parental and family support, complementary therapies and bereavement care and support.
Sibling Support Project, or Sibshops, is a national program addressing the interests of brothers and sisters of people with special needs.
This is where the Butterwick House Sibling Support Group can help.
Respondents were drawn from a variety of groups and organizations, including Easter Seals, the Sibling Leadership Network, and the Sibling Support Project.
Donald Meyer of the Sibling Support Project says that the number one thing you can do is provide your children with information about your 6-year-old's disability in words that they can understand.
Winning programs include overnight camp scholarships, a cooking/ life skills camp; social skills classes, an equestrian camp and a sibling support group; dance therapy classes; youth services programs including community outings and field trips for teens, a multi-sensory learning camp, a program to connect teens with disabilities with other kids in their community, and an adaptive bikes program.
The charity, which is accessed via its own Facebook page, has five trustees and provides information, advice, shared experience and support, including fundraising events, how to obtain certain disability benefits, a mum's group, one-to-one buddies support for mums and dads, a teenage sibling support group, and a special autism library.
Meyer is the director of the Sibling Support Project at Children's Hospital and Medical Center in Seat e, Washington.