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


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


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, 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.


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 ?
Compared to participants with the lowest level (tertile) of perceived physician support, those with the highest level of perceived support were significantly less likely to report needing help learning how to better care for their health problems (OR = 0.49, P = 0.033).
He initiated a number of physician support functions, led improvements for medical staff planning and recruitment and enhanced relations with the medical staff.
The implementation itself was easy, due to physician support. Initially it took two to three patient visits to get the electronic chart fully populated with patient information.
One reason for this change is that hospitals have realized that the true "computerized medical record" is still a futuristic concept due to the exorbitant costs and lack of physician support. A computer-based patient record usually starts with electronic data capture and never results in paper.
It is essential that the data are accurate in order to ensure physician support for cost reduction and standardization opportunities.
In the future, more physicians will come to that realization also, and this should lead to greater acceptance of DM programs and physician support tools.
Virtually all the respondents agreed that physician support is crucial to supply management success, yet less than 25 percent reported having a physician as a dedicated member of the supply management team.
Four strategies for gaining physician support and acceptance of evidence-based medicine.
A CPOE coordinating group was established to provide project oversight and support the physician champion and the CIO, with particular focus on identifying and managing areas of resistance and building physician support.
I had physician support, but no trained personnel to do the jobs." By mid-1999, Martelli was convinced that a stable, effective staff couldn't be assembled in ski country, so he considered outsourcing billing.
The disciplined approach to data integrity and analysis that is imbedded in the Six Sigma process helps win physician support. Management may anticipate a skeptical physician response to their data with good reason.
Also, before trying to obtain physician support, talk with them about how they think an EMR will help them provide patient care.

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