support level meaning

  "support level" in a sentence
Noun: support level
  1. (stock market) the price at which a certain security becomes attractive to investors

Derived forms: support levels

Type of: damage, price, terms

Encyclopedia: Support level

In technical analysis, a floor level of prices for a security orcommodity at which the price tends to stop falling and begin to rebound. A fall below this level is regarded as marking a significant shift to lower prices.


resistance level.

See also:

double bottom.

A price level below which it is supposedly difficult for a security or market to fall. That is, the price level at which a security tends to stop falling because there is more demand than supply; can be identified on a technical basis by seeing where the stock has bottomed out in the past.


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