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
Thus, the support level for I-2066 was higher in both areas compared to I-2117.
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Nives Dolsak and Aseem Prakash, Forbes, 29 Dec. 2024
The investment bank forecast that the S & P 500 index will fall to the mid 5,000 support level in the middle of next year, equal to a 10% to 15% correction, after peaking in the first half of the year, according to chief equity strategist Barry Bannister.
—Brian Evans, CNBC, 12 Dec. 2024
In 2020, about 30 percent of Georgia voters identified as Black, according to the exit polls, and around 90 percent backed Biden, about the same as Clinton's support level in 2016.
—Geoffrey Skelley, ABC News, 14 Oct. 2024
Constellation Brands buy levels: $230, $210 The Mexican beer powerhouse on Nov. 26 successfully tested $230 per share, a key technical support level for the past two years.
—Zev Fima, CNBC, 5 Dec. 2024
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Nives Dolsak and Aseem Prakash, Forbes, 29 Dec. 2024
The investment bank forecast that the S & P 500 index will fall to the mid 5,000 support level in the middle of next year, equal to a 10% to 15% correction, after peaking in the first half of the year, according to chief equity strategist Barry Bannister.
—Brian Evans, CNBC, 12 Dec. 2024
In 2020, about 30 percent of Georgia voters identified as Black, according to the exit polls, and around 90 percent backed Biden, about the same as Clinton's support level in 2016.
—Geoffrey Skelley, ABC News, 14 Oct. 2024
Constellation Brands buy levels: $230, $210 The Mexican beer powerhouse on Nov. 26 successfully tested $230 per share, a key technical support level for the past two years.
—Zev Fima, CNBC, 5 Dec. 2024
See all Example Sentences for support level
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 9 Jan. 2025.
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