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.

What surprised us, however, was that support levels dropped a bit when respondents received the information that undergrounding brings climate co-benefits. —

Nives Dolsak and Aseem Prakash, Forbes, 20 Oct. 2024 The stock this week broke below the late April/early May support level and kept going lower. —

John Navin, Forbes, 23 Oct. 2024 Critically, recent polls suggest that Harris may be running shy of Biden's 2020 support level among this group: According to an average of crosstabs over the past month,** Harris has attracted a tad better than 82 percent of Black voters in Georgia. —

Geoffrey Skelley, ABC News, 14 Oct. 2024 Gallego has reached the critical 50% support level in six consecutive polls and seven of the past eight — all from different pollsters. —

Ronald J. Hansen, The Arizona Republic, 8 Oct. 2024 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

See more words from the same year

Cite this Entry

Style

“Support level.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/support%20level. Accessed 25 Nov. 2024.

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