support level

noun

: a price level on a declining market at which a security resists further decline due to increased attractiveness to traders and investors

called also support area

Examples of support level in a Sentence

Recent Examples on the Web Our list includes a variety of options for sizing, support levels, and closures. Maya Polton, Parents, 14 Mar. 2024 This week’s new low takes out the early November support level. John Navin, Forbes, 28 Feb. 2024 What’s more, Cal’s revenue includes a whopping $36.7 million in direct support from campus — that’s 29 percent of the total revenue and a $5.7 million increase in raw dollars over the support level provided in the 2022 fiscal year. Jon Wilner, San Diego Union-Tribune, 17 Jan. 2024 Though Haley has gained on him, DeSantis enjoys double her support level. Kabir Khanna, CBS News, 6 Nov. 2023 The precious metal is still holding above $2,000/oz, a key short-term support level, Fawad Razaqzada, market analyst at City Index and forex.com, says in an email. WSJ, 10 Dec. 2023 Trump's continued dominance While formidable, the six in 10 Republican voters backing Trump is unchanged from his support level in August and June. Kabir Khanna, CBS News, 6 Nov. 2023 This marks a small but important uptick from the 3 percent support level needed for the second debate. Geoffrey Skelley, ABC News, 3 Nov. 2023 President Joe Biden’s stance on Israel has caused his support levels among Arab Americans to plummet, a result that could cost him a key swing state (or several) in the 2024 presidential election. Tori Otten, The New Republic, 1 Nov. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'support level.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1906, in the meaning defined above

Time Traveler
The first known use of support level was in 1906

Dictionary Entries Near support level

Cite this Entry

“Support level.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/support%20level. Accessed 16 Apr. 2024.

Last Updated: - Updated example sentences
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