support level

noun

, Stock Exchange.

1. a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth.

Word History and Origins

Origin of support level¹

First recorded in 1950–55

Example Sentences

Teacher discipline and support levels were among the many issues assessed by PISA.

From Science Daily

But if we use the pre-pandemic numbers over five fiscal years as a guide to potential support levels moving forward, the disparity is clear:

From Seattle Times

Mr. DeSantis is a distant second with 22 percent, but that is actually lower than his support level among that demographic in the December survey.

From New York Times

“Anti-ESG shareholder proposals have won some of the lowest support levels on record,” Diligent’s Josh Black wrote in the preface to this year’s Diligent survey.

From Los Angeles Times

Treasury yields also weighed on the local unit, which neared key support levels.

From Reuters