What is another word for support level?
Synonyms for support level
sup·port lev·el
This thesaurus page includes all potential synonyms, words with the same meaning and similar terms for the word support level.
Princeton's WordNet
support levelnoun
(stock market) the price at which a certain security becomes attractive to investors
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How to use support level in a sentence?
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.
The market was trading at a steady range and managed to hold firm over the critical support level at 5,350.
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'.
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.
Oil prices will trend down again ... $35 a barrel will be the support level. Low prices are not sustainable in the long-run.
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"support level." Synonyms.com. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.synonyms.com/synonym/support+level>.
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