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 ?
Villegas, an economist and former vice president of the Land Bank of the Philippines, a P1 hike in palay support price would be acceptable for both the farmers and consumers.
Due to hike in support price wheat products are not going outside the country rendering foreign exchange loss to the exchequer and closure of 70 percent industry.
Any domestic support price at the initial equilibrium price would become effective in support of an export scenario.
While it has yet to run the estimates of how much a P1 to P3 hike in NFA support price will impact on inflation, Edillon said it is likely that the Nedawould thumb down proposals to increase it.
The farmers are demanding that the minimum support price should be Rs.
The Government further directed sugar mills to pay Rs 180 the minimum support price of sugar cane per 40 Kg at the factory gate and Rs 180 per 40 Kg excluding transportation charges at the farmers' fields as fixed by the Government.
The actual on-field price monitoring by NFA personnel shows that the price of palay was still above the government support price of P17 per kilogram, at an average of P18.
The moderate hike in minimum support price (MSP) - as imputed from food subsidy for FY17 - and normal monsoon conditions reinforce our view of another year of benign food inflation," said Citigroup analyst Samiran Chakraborty in a research note.
Surprising the Sindh government has cut the support price for sugarcane by 15 percent to Rs.
Pakistan's cotton sector appears divided over the desirability for support price of cotton (phutti) as well as the government's decision to procure 1 million bales to bring about stability in cotton trade at a time when prices are globally under pressure over low demand.
Different organizations representing sugar cane growers have rejected the support price of Rs.
ISLAMABAD: Wheat exporting countries have sent a consultation reference under WTO provision of (Agreement on Agriculture) against Pakistan with a complaint that Pakistan provided extra subsidy to wheat producers in the form of higher wheat support price, sources told Daily Times on Tuesday.

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