Support Level

The Hindu Business Line  1 hr ago  Comment 
The Small Farmers’ Agribusiness Consortium (SFAC) has been conducting awareness programmes for the Equity Grants and Credit Guarantee Fund Scheme (EGCGFS). The programme has been developed for the...
The Economic Times  4 hrs ago  Comment 
Rajan said that India's strong economic fundamentals would help in absorbing the shock. He added that a good monsoon can lift sentiment and activity should pick up.
The Hindu Business Line  Jun 23  Comment 
The BJP national president Amit Shah has said that the national leadership will work with the state unit to make a stronger party in Kerala. Addressing the state executive meeting of the party, he...
Reuters  Jun 22  Comment 
Some of Tesla Motor Inc's biggest investors have signaled support for CEO Elon Musk's plan to buy solar power company SolarCity Corp, although the electric car maker's stock...
Reuters  Jun 22  Comment 
* Transcanada acquisition of Columbia Pipeline Group receives stockholder support
New York Times  Jun 22  Comment 
Many of the socially conservative Christians at the meeting sought assurances about issues like abortion rights and Planned Parenthood.
Reuters  Jun 21  Comment 
Some of Tesla Motor Inc's biggest investors have signaled support for CEO Elon Musk's plan to buy solar power company SolarCity Corp , although the electric car maker's stock cratered on Wednesday, lopping more than the $2.8 billion value of the...
Benzinga  Jun 21  Comment 
Gilead Sciences, Inc. (NASDAQ: GILD) shares are trading lower by $1.50 at $81.49 in Tuesday's session. At this time, there is no relevant news to account for the decline. After a higher open, it rallied another $0.08 to $83.44 before reversing...
TechCrunch  Jun 21  Comment 
 Docker is hosting its developer conference in Seattle this week and showcasing the quickly growing ecosystem that has grown up around its container tools. One of the companies on stage today was Microsoft, which announced that it is great...  Jun 21  Comment 
WASHINGTON (dpa-AFX) - Presumptive Democratic presidential nominee Hillary Clinton has seen increases in support in three key swing states, according to the results of a Quinnipiac University poll. Clinton has pulled out to a sizable lead over...


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Support level

Support level is the price level, which, historically, a security has had difficulty falling below. Typically, the support level can be thought of as the level at which many buyers tend to enter a security. [1] Support levels are often used in technical analysis.

The original low price level becomes a support area because investors will believe that prices will again rise above that level. [2] This means the price is more likely to "bounce" off this level rather than break through it. However, once the price has passed this level, by an amount exceeding some noise, it is likely to continue dropping until it finds another support level. [1]

From 14c., from, bring up, up from under, portare "to carry." Sense of "that which supports" is from 1560s. [2]


  1. Wall Street words: an A to Z guide to investment terms for today's investor By David Logan Scott ISBN-10: 0618176519 pg367
  2. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing By Burton Gordon Malkiel ISBN-10: 0393062457 pg107
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