support level

American  

noun

Stock Exchange.

1. a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth.

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Etymology

Origin of support level

First recorded in 1950–55

Example Sentences

See Examples For:

support level

While the $4,000 an ounce support level for the yellow metal appears to be intact, there is “little conviction that further stress across financial markets will drive significant flows into the precious metal,” she says.

From The Wall Street Journal ● Jul. 15, 2026

Shares broke below a key $127 support level and are down 36% this year.

From Barron's ● Jun. 24, 2026

The futures’ latest positive price movements have reaffirmed an immediate support level has formed at $4,000 an ounce, the analyst notes.

From The Wall Street Journal ● Jun. 15, 2026

If, for whatever reason, the gold price breaks below that level, the next key support level is $4,376, where buyers aggressively came in at the end of March, causing a quick pop.

From Barron's ● Jun. 2, 2026

Now that the Magnificent Seven has definitively weakened and violated a key support level, the next question is whether the decline can be halted at its 200-day moving average.

From MarketWatch ● Feb. 23, 2026