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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 ?
Tactical interventions, in most programs, included the ability to perform one-on-one small- and large-group crisis interventions and family support services, as well as the ability to access spiritual support assistance and treatment resources.
She also explores the value of religious and spiritual support systems for the grieving process.
In the past these churches have also helped to mobilize blacks to fight against injustice and have offered spiritual support, especially in times of crisis.
The sisters also handle administrative paperwork and reports, vehicle maintenance, gardening, craft projects, and-with Father Joseph Hendricks--provide spiritual support to the community.
McCubbin, Larsen, and Olson (1982) identified several coping strategies that families employ in response to stress: acquiring social support, refraining, seeking spiritual support, mobilizing the family to acquire and accept help, and passive appraisal.
He also thanked all of those who backed him, notably Ministry of State for Youth Affairs, the Public Authority for Sport, and Basel Al-Salem Al-Sabah Motor Racing Club, expressing his gratitude and appreciation to their unlimited financial and spiritual support.
ISS has long been an ambassador for the Sailors Society, whose mission it is to enrich and enhance the well-being of seafarers by visiting ships in port and providing Seafarers Clubs and Welfare Centres, and offering merchant seafarers practical help and welfare, pastoral and spiritual support, financial assistance and family liaison.
In less than one month 'on the job', Rev Konrad has provided sound spiritual support to our family and is putting in place a solid plan to guide our spiritual development as we move forward.
He also appreciated Iran for its political and spiritual support for the Iraqi government and nation, and said, "The Iraqi nation and government are determined to resist against all types of terrorism.
UCKG is a Christian church and registered charity that offers a range of practical support activities alongside spiritual support and comfort.