Define: Support Level

UK Accounting Glossary

Definition: Support Level



Advertisement



Full Definition of Support Level


Support Level is a stock price level at which a chartist believes a stock will have difficulty falling below.

Interpretation of Support Level

A support level is a level at which the stock price has had difficulty falling below historically.  It is thought of as the level at which a lot of buyers tend to enter long positions in the stock.


Advertisement




Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/support-level/
Modern Language Association (MLA):
Support Level. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 04, 2020 https://payrollheaven.com/define/support-level/.
Chicago Manual of Style (CMS):
Support Level. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/support-level/ (accessed: April 04, 2020).
American Psychological Association (APA):
Support Level. PayrollHeaven.com. Retrieved April 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/support-level/

Definition Sources


Definitions for Support Level are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 22nd March 2020.