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 ?
These states share the same type of individualistic political culture as defined by Elazar (1984), but differed in the degree and amount of available caregiver support programs and use of extended care facilities.
Because of the theory that stressed caregivers are more likely to abuse an elderly person, caregiver support groups strive to reduce, eliminate, or prevent that level of stress.
The Native American Caregiver Support Program, created in 2000 as part of the new National Family Caregiver Support Program--a new component of the Older Americans Act--provides support to the caregivers of elders who are chronically ill or have disabilities.
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The Department of Veterans Affairs (VA) now has several new and expanded partnerships to support the VA Caregiver Support Program.
Based on their populations of seniors age 70 and older, states and territories can receive grant funding to create interventions for caregivers under the National Family Caregiver Support Program.
Niles Crane on the television show Frasier, testified about caregiver support policy last week in Washington at a hearing organized by the Senate Special Committee on Aging.
Today's Caregiver (www.caregiver.com) offers regional resources for caregivers, including caregiver support groups.
Learn more about care options such as home health services, adult day care, respite care services, caregiver support programs, and nursing homes or assisted living facilities.
One example of caregiver support is illustrated in the article in this issue of Nephrology Nursing Journal about advance directives by Amy Calvin and Lillian Eriksen.
Title: Alzheimer's Treatment and Caregiver Support Act