resistance level meaning

  "resistance level" in a sentence
[Economics]
In technical analysis, a level of prices for a security or commodity that is repeatedly reached but not exceeded. Any move beyond this ceiling (see breakout) is regarded as signalling a significant shift to higher prices.

Compare:

support level.

See also:

double top.


[Finance]
A price level above which it is supposedly difficult for a security or market to rise. Price ceiling at which technical analysts note persistent selling of a commodity or security. Antithesis of support level.

Examples

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  1. resistance levels, 14 built-in exercise, 1 hrc
  2. 16 resistance levels, 12 built-in exercise programs
  3. resistance levels, 7 built-in exercise, 1 hrc
  4. 16 resistance levels, 10 built-in exercise
  5. normally, resistance levels are well below 1 percent

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