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

The early September 2024 low of near $19 may be a support level. —John Navin, Forbes, 8 Mar. 2025

Shares of American Electric Power Co. (AEP) have recently pushed to a new 52-week high while the S & P 500 and Nasdaq have dropped below key support levels, translating to a strong relative performance line at the bottom of the chart. —David Keller, CNBC, 4 Mar. 2025

Note that the price has dropped below the previous support levels of the early November 2024 low and is testing the low from early September 2024. —John Navin, Forbes, 24 Feb. 2025

Last week’s declines also led the S & P 500 to test key support levels on price charts. —Fred Imbert, CNBC, 24 Feb. 2025

Word History

First Known Use

1906, in the meaning defined above

Rhymes for support level

• multilevel
• bevel
• devil
• daredevil
• sublevel
• mediaeval