support level

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.

Word History and Origins

Origin of support level¹

First recorded in 1950–55

Example Sentences

“A break below this technical support level could provide further fuel to the crypto bears, adding to downside pressure,” she wrote in a research note on Monday.

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Even in a tape this brutal, a handful of technology stocks are displaying impressive resilience as they firm up near support levels.

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Even in a tape this brutal, a handful of technology stocks are displaying impressive resilience as they firm up near support levels.

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That threshold marked an important support level, which has now been broken.

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The next support level is the 6,500 to 6,550 level that has been tested and held several times.

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