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SupportAn effective lower bound on prices supported because of many willing buyers at that price level.Support 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. 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. Price supportPrice supportGovernment intervention to set an artificially high price through the use of a price floor designed to aid producers. Price supportPrice supportGovernment action to increase the price of a product, usually by buying it. May be associated with a price floor. Support levelSupport 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. Further SuggestionsProducer support estimateSupport level Aggregate measure of support Consumer support estimate Self supporting debt Domestic support |
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