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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.


Etymology

Origin of support level

First recorded in 1950–55

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Also, a two-person startup will lack the support level of these bigger companies to get a product in front of customers and negotiate contracts.

From MarketWatch

She highlighted $60,000 as a strong psychological and technical support level.

From MarketWatch

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

The result of recent trading left Tesla stock trading near support levels on Friday.

From Barron's

Tesla shares are trading near a $415 support level, which has historically prevented further declines since last September.

From Barron's