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Support level |
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Support levelThe price level at which technical analysts note persistent buying of a share or commodity.If the share price of XYZ company is plotted on a chart, and the chart shows that over the period the price always seems to bounce back whenever it falls to, say, 320p, technical analysts would see that price as a 'support level'.The significance of the support level is that if the share price does break below it, that indicates a change of sentiment in the market towards the share, and may indicate the arrival of a new trading range. If the technical analyst is right in making this observation, he can buy or sell accordingly and make a profit.Support levelA price level below which it is supposedly difficult for a security or market to fall. That is, the price level at which a security tends to stop falling because there is more demand than supply; can be identified on a technical basis by seeing where the stock has bottomed out in the past.Support level Similar MatchesAggregate measurement of supportAggregate measurement of supportThe measurement of subsidy to agriculture used by the WTO as the basis for commitments to reduce the subsidization of agricultural products. It includes the value of price supports and direct subsidies to specific products, as well as payments that are not product specific. Aggregate measure of supportAggregate measure of supportVariation of aggregate measurement of support. Producer support estimateProducer support estimateIntroduced by the OECD to quantify support in agriculture, it measures "transfers from consumers and taxpayers to agricultural producers as a result of measures [of] support," expressed as percentage of gross farm receipts. Also called producer subsidy equivalent. See also CSE. Lateral SupportLateral SupportThe right of a landowner to the natural support of his land by adjoining land. The adjoining owner has the duty not to change his land (such as lowering it) so as to cause this support to be weakened or removed. Domestic supportDomestic supportAn policy that assists domestic industry, including a subsidy to production, payment not to produce, price support, and other means of increasing the income of producers. Further SuggestionsPrice supportPrice support Self supporting debt Consumer support estimate Support |
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