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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 ?
Any domestic support price at the initial equilibrium price would have to increase proportionally not to become ineffective.
In Pakistan, Agriculture Policy Institute (API), ministry of food and agriculture usually recommend the government about wheat support price.
The problems that the growers face from the sugar mills is refusal to buy their crop, delayed lifting, delayed payment or lower than the support price.
The support price for wheat crop 2014 in Khyber Pakhtunkhwa has not been announced, despite the fact that the input cost has increased manifold because of rise in prices of pesticides, electricity and fertilizers.
Minister for Food Security, Sikandar Bosan said that prices of potatoes would be lessen after 15 days as new crop would come to market with in stipulated time period, adding he said that provinces are not cooperating to fix support price of wheat.
said that they had already set up two markets and so far they have received no such complaint that farmers are selling their produce below the minimum support price (MSP).
However, it took from July 2004 to early 2005 before market prices fell in line with lower support prices, and cheese prices have still not responded to the lower levels for butter and powders.
The package includes increase in support price of wheat by 30 per cent from Rs.
Shoukat Ayub, President Kissan Council said that decision of increase in the support price of wheat to Rs 1,300 per 40 kg, slapping of 20% regulatory duty on its import, and decrease in the petroleum prices particularly of diesel, would greatly benefit the farmers enabling them to earn an estimated extra income of Rs 3,5005,000 per acre.
But the government did not honour the demand of the farmers and decided to maintain the wheat support price at existing level of Rs.
The JI Ameer said, the government had not announced the support price of wheat so far due to which the growers were disturbed and the wheat cultivation could be affected.
We have agreed to states of Kerala that we will give them food grains under the Minimum Support Price (MSP).

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