support level

noun, Stock Exchange.
1.
a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth.
Also called support, support area, support zone.
Compare resistance level.
Origin
1950-55
Examples from the web for support level
  • The support level will not be recorded in the plan until the rate calculator is completed.
  • These purchases help maintain market prices at the legislated support level.