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 classic literature ?
The very mirror of truth herself, she could not imagine that any one--least of all any woman--could be so false and cruel as to practice the artifice to which the milliner had resorted; and, here, just as she saw a way opened by which she might support both her grandmother and herself until the handkerchief was completed, a change threatened her, by which she was to be left altogether without food.
Adrienne at length, by dint of excessive toil, by working deep into the nights, by stinting herself of food, and by means of having disposed of the last article with which she could possibly part, had managed to support her grandmother and herself, until she saw me so far done as to be within another day's work of completion.
This magistracy is indeed the great support of the state; for the people are easy, knowing that they are eligible to the first office in it; so that, whether it took place by the intention of the legislator, or whether it happened by chance, this is of great service to their affairs; for it is necessary that every member of the state should endeavour that each part of the government should be preserved, and continue the same.
Now push this table, whilst I support the arm of your father.
The lungs absorb the oxygen, which is indispensable for the support of life, and reject the nitrogen.
I confess it is truly surprising how such a number of animals can find support in a country producing so little food.
The firm conviction of the necessity of a vegetation possessing a character of tropical luxuriance, to support such large animals, and the impossibility of reconciling this with the proximity of perpetual congelation, was one chief cause of the several theories of sudden revolutions of climate, and of overwhelming catastrophes, which were invented to account for their entombment.
Thus, under the name of Order and Civil Government, we are all made at last to pay homage to and support our own meanness.
Those who, while they disapprove of the character and measures of a government, yield to it their allegiance and support are undoubtedly its most conscientious supporters, and so frequently the most serious obstacles to reform.
I do not hesitate to say, that those who call themselves Abolitionists should at once effectually withdraw their support, both in person and property, from the government of Massachusetts, and not wait till they constitute a majority of one, before they suffer the right to prevail through them.
Our support is love, that love that He has vouchsafed us.
But Lidia Ivanovna's help was none the less real; she gave Alexey Alexandrovitch moral support in the consciousness of her love and respect for him, and still more, as it was soothing to her to believe, in that she almost turned him to Christianity--that is, from an indifferent and apathetic believer she turned him into an ardent and steadfast adherent of the new interpretation of Christian doctrine, which had been gaining ground of late in Petersburg.