Synonyms for support level
sup·port lev·el

Princeton's WordNet

1. support levelnoun

   (stock market) the price at which a certain security becomes attractive to investors

Matched Categories

1. • Price
   • Stock Market

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How to use support level in a sentence?

1. Ken Hasegawa:

   Oil prices may soften if there is an increase in stocks in the U.S. - we can expect a continued increase of inventories, brent and WTI continue to trend sideways, with WTI facing more volatility. Brent has been descending for the past few days and we believe that it is hovering near a support level.

2. Elvis Picardo:

   The question is, what does this relentless decline in crude oil tell us about the state of the global economy? The impact on oil-exporting countries such as Canada is quite substantial, it's a case where oil is breaking through one downside support level after another. At this point, it's 'sell the energy producers first and worry about the implications later'.

3. Gavin Parry:

   Recently 17,000 points has been a support level for the Nikkei but right now it's kind of yolked by the yen's strength, which isn't very surprising given the dollar's weakness.

4. Jim Ritterbusch:

   U.S. businesses affected by the increased tariffs will be making decisions regarding purchases, inventories, etc., that are apt to force some downshifts in the U.S. economic growth path that could have implications for U.S. oil demand, a decline below our expected next support level of $56 (for WTI) will likely associate with a further plunge in equities that would be heavily related to unresolved trade issues between the U.S. and China ... volatility across all markets will be heightened until some significant trade progress is seen.

5. Gavin Parry:

   The Japan Post IPO has performed as well as expected this morning and on top of that we've seen a real sentiment boost based on the monster rally in the U.S., some really nice corporate earnings have also helped us push through that 19,000-point resistance level, so the question now is whether we can reach the point where that becomes the support level.