support level

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Related to support level: Resistance level

support′ lev`el

a minimum price below which a specific stock will not fall, usu. because of the stock's inherent worth.

[1950–55]

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Noun

support level - (stock market) the price at which a certain security becomes attractive to investors

securities market, stock exchange, stock market - an exchange where security trading is conducted by professional stockbrokers

price, terms, damage - the amount of money needed to purchase something; "the price of gasoline"; "he got his new car on excellent terms"; "how much is the damage?"

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References in periodicals archive ?

However, it did end the day right around its 7,750 support level. There is the possibility that we might see a bounce (Wednesday) but in case we don't, the next support level is at 7,630,' said AAA Equities head of research Christopher Mangun.

Heavy foreign selling drags PSEi down

"A bearish break below the support level hinted at a further decline in DIC to Dh1.16/1.06," Shiv Prakash, senior analyst with First Abu Dhabi Bank Securities said in a note on February 7.

Results continue to weigh on Dubai index

Market may stay above 7,000 level this week !-- -- Iris Gonzales (The Philippine Star) - October 15, 2018 - 12:00am MANILA, Philippines The stock market index may move sideways and stay above the 7,000 level this week, or it could tank and test the next support level at 6,800, traders said.

Market may stay above 7,000 level this week

He noted that the EGX30 is trying to remain stable and rebound higher than its support level at 14,200 points.

Egypt shares likely to retreat as investors book gains ahead of year-end

EFG Hermes failed to surpass the previous support level, which turned to a resistance one at LE 23.8 -- LE 24 before ending Thursday's session at LE 23.18.

EGX indices see horizontal performance in week

The stability above the 9,000 is important for market; that could be a strong support level to bounce off.

Technical analysis of the QSE index

The contract bounced after reaching the 100-day moving average, a key support level just above the psychological 21-cent level.

RAW SUGAR SPRINGS BACK, ARABICA COFFEE UP

"The Support Level is raised to '1', reflecting both the Kuwait government's blanket guarantee of all customer deposits placed in Kuwait and the record of both the Central Bank and wider Kuwaiti government in supporting Kuwaiti banks in time of need.

CI: ComBK financial strength and long-term foreign currency ratings raised to A- and A

The 1.6815 support level on the Daily timeframe has appeared quite stubborn this week and a downside break below this level is required to confirm further moves south are in the pipeline.

DRAGHI: EU recovery remains weak, fragile and uneven

Of course, in the mind of a prospective franchisee, what would be the point of selecting a minimal support level if you had to pay the same franchise fee as someone with maximum support?

Franchisee support models: does one size fit all? Previous and somewhat rigid approaches to training and fees may no longer be relevant

But drop of Brent quotes below 105 dollars per barrel, which opens the way to support level of 100 USD, and also the unwillingness of the speculators to leave open positions for the week-end will make a hold-back effect on the Russian shares' quotes.