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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 ?
Nonprofit marketers need to develop the right type of content for every stage of the supporter cycle, taking into consideration individual personas and identifying the key information needs for each stage.
CARDIFF City are to seek the opinion of supporters on a series of key issues amid revelations a number of fans may not renew season tickets despite the club's return to blue.
HTSA are looking to increase membership and for Town supporters, being affiliated to our independent supporters' association brings advantages.
Royal Marine GARETH NORTON, 31, of Gateshead, a supporter for a lifetime, said: "Congratulations to the Heed, lets put Gateshead on the footballing map and restore the pride of the North East.
Sky Blue Trust spokesman, Jan Mokrzycki, said the theme of the march would be supporter unity.
18 ( ANI ): Commenting on the protest by Bharatiya Janata Party (BJP) supporters, m dmi Party (P) chief Arvind Kejriwal said he is ready to face anything and, added that protests will happen as he has challenged the vested interest of some powerful people.
Club bosses, particularly chief executive Paul Faulkner, have been open to meeting with fans through the Supporters Consultation Group, but it has been perceived by some as being more consumer than supporter focused.
Lee Marshall, PR and supporter liaison manager at Newcastle United, said: "Supporters are the lifeblood of any football club, so introducing a new Forum which will enable Newcastle fans to share their views and ideas with the club's decisionmakers is a very positive step.
TEHRAN (FNA)- At least 15 people were injured in the Egyptian city of Port Said in clashes involving supporters of ousted president Mohamed Mursi.
He said: "The struggles of fans at Wrexham AFC - and the diligent work of supporters once the club came under fans' control - show how important it is that supporters are given a stronger voice at the heart of clubs.
Recent experience has demonstrated that meaningful fan representation through democratic supporter ownership is the only fail-safe way that we can ensure that a reoccurrence of recent events never happens again.
Someone had some fun draping their pet in a tee-shirt with the color of the Musavi supporters.

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