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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Chip stocks look shaky The weekly chart of the VanEck Semiconductor ETF (SMH) shows a triple bottom support level right around $200 that first formed almost one year ago in April ’24. Todd Gordon, CNBC, 1 Apr. 2025 If instead, the A/D lines break their more important support levels then further downside targets will need to be considered. Tom Aspray, Forbes.com, 30 Mar. 2025 Cuomo’s support is a 5-point increase from his support level in Emerson’s poll last month, taken before Cuomo entered the race. Jared Gans, The Hill, 26 Mar. 2025 The profit-taking has driven the stocks below those levels, with support levels not far. Brendan Ahern, Forbes, 21 Mar. 2025 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

Browse Nearby Words

Cite this Entry

“Support level.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/support%20level. Accessed 13 Apr. 2025.

Last Updated: - Updated example sentences
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