"support level" meaning in English

See support level in All languages combined, or Wiktionary

Noun

Forms: support levels [plural]
Head templates: {{en-noun}} support level (plural support levels)
  1. In technical analysis, a price level where the price tends to find support as it is going down, so it is more likely to "bounce" off this level rather than break through it. However, once the price has passed this level, by an amount exceeding some noise, it is likely to continue dropping until it finds another support level. Wikipedia link: support level Related terms: resistance level
    Sense id: en-support_level-en-noun-UFj5znIH Categories (other): English entries with incorrect language header

Inflected forms

Download JSON data for support level meaning in English (1.0kB)

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        "In technical analysis, a price level where the price tends to find support as it is going down, so it is more likely to \"bounce\" off this level rather than break through it. However, once the price has passed this level, by an amount exceeding some noise, it is likely to continue dropping until it finds another support level."
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          "word": "resistance level"
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      "wikipedia": [
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  "word": "support level"
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{
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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-05-01 from the enwiktionary dump dated 2024-04-21 using wiktextract (f4fd8c9 and c9440ce). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

If you use this data in academic research, please cite Tatu Ylonen: Wiktextract: Wiktionary as Machine-Readable Structured Data, Proceedings of the 13th Conference on Language Resources and Evaluation (LREC), pp. 1317-1325, Marseille, 20-25 June 2022. Linking to the relevant page(s) under https://kaikki.org would also be greatly appreciated.