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 ?
Spiritual Support and Developing a Close Relationship with God
32) In most cases, healthcare professionals can provide spiritual support to people coping with mental disorders by devoting some time to exploring spiritual issues and asking questions to discover a patient's deeper meaning in life.
Tactical interventions, in most programs, included the ability to perform one-on-one small- and large-group crisis interventions and family support services, as well as the ability to access spiritual support assistance and treatment resources.
He has given the organization space from which to run its operations and has been a spiritual support to its members.
The Wilmington Seamen's Center provides a safe, friendly "home away from home" environment for seafarers, providing opportunities for relaxation, recreation, and spiritual support.
Hospice helps give patients and families emotional and spiritual support during this traumatic time.
He also appreciated Iran for its political and spiritual support for the Iraqi government and nation, and said, "The Iraqi nation and government are determined to resist against all types of terrorism.
UCKG is a Christian church and registered charity that offers a range of practical support activities alongside spiritual support and comfort.
Founded and operated by local residents, with over 30 years of hospice and home health experience, Summit View Hospice's mission is to provide physical, emotional, social and spiritual support to patients with an advanced illness.
The peer mentorship program will begin in 2014, with third and fourth year Aboriginal students serving as guides and mentors to younger students helping them to navigate through the educational system, with emphasis on cultural and spiritual support.
The Acapulco archdiocese, in the same state, has turned parishes into support centers, provided spiritual support for victims and distributed more than 30 tons of supplies, according to a statement signed by Archbishop Carlos Garfias Merlos.