support level

noun

: a price level on a declining market at which a security resists further decline due to increased attractiveness to traders and investors

called also support area

Examples of support level in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
The stock this week broke below the late April/early May support level and kept going lower. John Navin, Forbes, 23 Oct. 2024 Critically, recent polls suggest that Harris may be running shy of Biden's 2020 support level among this group: According to an average of crosstabs over the past month,** Harris has attracted a tad better than 82 percent of Black voters in Georgia. Geoffrey Skelley, ABC News, 14 Oct. 2024 Gallego has reached the critical 50% support level in six consecutive polls and seven of the past eight — all from different pollsters. Ronald J. Hansen, The Arizona Republic, 8 Oct. 2024 Yoga mats are available in a wide range of designs, support levels, and prices. Sherri Gordon, Health, 6 Oct. 2024 See all Example Sentences for support level 

Word History

First Known Use

1906, in the meaning defined above

Time Traveler
The first known use of support level was in 1906

Dictionary Entries Near support level

Cite this Entry

“Support level.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/support%20level. Accessed 5 Nov. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!