Support

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Support

An effective lower bound on prices supported because of many willing buyers at that price level.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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).
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

support

Increased demand for a security. Compare resistance.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.

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.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary
References in periodicals archive ?
Visit your local Military and Family Support Center (https://installations.militaryonesource.mil) to request an EFMP FNA or to learn more about DD Form 3054.
KEY WORDS: Quality of life, family support, elderly
Hypothesis 1: Level of family support of male flight attendants will differ among the four types of gender role so that androgynous will have the strongest positive correlation with family support, followed by feminine, masculine, then undifferentiated gender roles.
The number of children entering foster care has decreased steadily since the Family Support Program's launch.
Marital status of adult children also plays important roles in the frequency of family support. Children generally will send money to their parents once a month and usually at the beginning of the month.
The High Five Tour is a 48-state road trip that allows Wounded Warrior Family Support to thank the Americans that help make their organization possible.
T value for the relationship between family support and mocking is found 5,05, peer support and mocking -7,18, and family support and property aggression -2,55.
Gwynedd Family Support Team member Danny Creek, said: "Families are under incredible pressure from day to day challenges and can put great strain on relationships which of course can affect children.
The resource is the first in Ireland to address this topic and was developed by Barnardos and the Family Support Agency.
The company, which is based in Claverdon near Warwick, has been involved with the new Primrose Hospice Family Support Centre for the past eight months.
To complement the strategy, a directory of family support services in the Vale has also been created.

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