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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 ?
Some physicians bandage the injected areas and instruct patients to "compress" the treated vessels by wearing support hose. This may help seal the treated vessels, keep the blood from collecting under the skin and reduce the development of dark spots.
* During the weeks after surgery, make sure your parent eats well, takes walks, does breathing exercises, and wears support hose to minimize feet swelling.
Durable medical equipment, ranging from canes to support hose, is another strong category at Ritzman.
No need to wait until you are on HRT and in support hose to brave a luscious raspberry devore skirt with a casu al jumper or don a decadent hat with a mannish suit.
Sitting with your legs elevated on a hassock or something similar, and the use of elastic support hose available in most drugstores, can be helpful.
The web site offers links to articles on subjects including pregnancy, menopause, premenstrual syndrome, beauty therapy for cancer patients, breast cancer, the benefits of folic acid, depression, heart attacks, heartburn, osteoporosis, support hose care and urinary tract infections.
You may never see your toes, Miss Selfridge or glitter body paint again but there's no need to reach for the Complan and support hose just yet.
Your underwear was mysteriously transformed from the frilly variety to support hose and corsets.
Treatment for vasovagal syncope usually begins with simple things like avoiding a known precipitant (e.g., seeing blood, prolonged standing, dehydration, alcohol), wearing support hose and drinking lots of fluids, and physical maneuvers such as those described above.
As it stands, virtually every drug chain has a selection of home health care merchandise, even if it is often limited to canes, walkers and support hose. While many retailers are adding various items to the mix, some say a true commitment to the category needs to encompass respiratory supplies, a full range of durable medical equipment, and such services as oxygen therapy and infusion therapy.

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