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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 ?
A sibling support group for brothers and sisters of children with autism.
But instead of leaving Jenna, now 23, an emotional wreck, it prompted her to set up The Compassionate Friends Sibling Support ( TCF Sibling Support ( network, through which people who have lost brothers and sisters, for whatever reasons, can share their experiences in an attempt to come to terms with what happened.
Gill Arens, the community sibling support co-ordinator, says: 'A lot of bullying arises because the other children don't understand what it is like to have a lifelimited brother or sister and so they have some anxiety about it.
And he'll have some sibling support on Sunday at Longford's home ground on the Strokestown Road.
Sibling support groups and diabetes awareness events also provide a forum where health care providers can educate participants about diabetes (Wennick & Huus, 2012).
And son Harry, 14, a pupil at Saltburn's Huntcliff School, is founder of a sibling support group and has won many awards for his work.
With matching support from donors and sponsors, this facility will provide 24/7 respite care, full medical support, pain management, end-of-life care, grief and bereavement services, sibling support and family accommodation.
executive Peter Branson As part of the charity's care service they offer children's play, family support, bereavement support, sibling support and complementary therapy to all their children and families ?