What is the meaning of Support level?

Support level is a 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.

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APABarry Goldsmith. (2010). support level. Retrieved September 20, 2026, from http://smartdefine.org/support_level/definitions/1164605
ChicagoBarry Goldsmith. 2010. "support level" http://smartdefine.org/support_level/definitions/1164605 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, support level, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/support_level/definitions/1164605>.
MLABarry Goldsmith. "support level" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/support_level/definitions/1164605>
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