| Dictionary: support level |
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| Financial & Investment Dictionary: Support Level |
Price level at which a security tends to stop falling because there is more demand than supply. Technical analysts identify support levels as prices at which a particular security or market has bottomed in the past. When a stock is falling towards its support level, these analysts say it is "testing its support," meaning that the stock should rebound as soon as it hits the support price. If the stock continues to drop through the support level, its outlook is considered very bearish. The opposite of a support level is a Resistance Level.
| WordNet: support level |
The noun has one meaning:
Meaning #1:
(on the stock exchange) the price at which a certain security becomes attractive to investors
| Historical Trading Range (finance term) | |
| Technical Rally (business term) | |
| Base (finance term) |
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Copyrights:
![]() | Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved. Read more | |
![]() | Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | WordNet. WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved. Read more |
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