(redirected from French Resistance)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.


An effective upper bound on prices achieved because of many willing sellers at that price level.

Resistance Level

In technical analysis, a price that a security does not, or only rarely, rise above. Technical analysts identify a resistance level by looking at past performance. When the security approaches the resistance level, it is seen as an indication to sell the security, which will increase the supply, causing the security's price to fall back below the resistance level. If there are too many buyers, however, the security rises above the resistance level. When this occurs, the price of the security will likely continue to rise until it finds another resistance level. It is also called the overhead resistance level. See also: Price ceiling, Support (Support level).


An increased supply of a security. Compare support.


Resistance, or resistance level, is the top of a stock's current trading range, and the point at which the price is higher than investors are willing to pay. As stockholders sell at resistance level, the stock price goes down because supply exceeds demand.

For example, if, on a repeated basis, as stock A's price reaches $60, stockholders begin to sell, then $60 is considered its resistance level. But a trading range isn't fixed and investor attitudes change, so the resistance level tends to move higher or lower over time.

If stock A rises to $63 without a surge of selling, the current resistance line has been breached. This may be the result of a rising market or a bullish assessment of the stock's value. On the other hand, if selling increases at $57, that may become the new resistance level.

Conversely, the level at which demand exceeds supply and investors typically buy a certain stock is called support. It's the point that's considered the bottom of a stock's current trading range.

Technical analysts use the concepts of resistance and support in anticipating future stock price movements.

References in periodicals archive ?
Bill Barfoot, 95, of Oaktree Lane, Bournville, is being recognised for his service as a navigator in the RAF on D-Day and for the supply drops he completed for the SAS, undercover agents and the French Resistance.
Bill took extra precautions when transporting French Resistance fighters in case they were secretly working for the Nazis.
Brave Genius: A Scientist, a Philosopher, and Their Daring Adventures From French Resistance to the Nobel Prize
During World War II, the area served as a safe and defensible position for the French Resistance, and you'll find some 300 memorial monuments, including the preserved remains of a destroyed village.
Non-fiction Gardens Of Stone: My Boyhood In The French Resistance by Stephen Grady (PS20, ebook PS10.
A SCHOOL will be represented at the state funeral of an inspirational former French Resistance fighter.
TRY hero George North believes that Wales' collective mental strength was a key factor in buckling French resistance and reviving their RBS 6 Nations campaign.
Earning ire from the Gestapo, she significantly helped the Free French Resistance throughout the conflict.
Opens Friday THE powerful and moving story of Algerian immigrant Younes (Tahar Rahim), who joins the French Resistance due to the unlikely friendship he strikes up with a Jewish man.
Months later it was confiscated by the Nazis and remained in enemy possession until members of the French Resistance confiscated it in the mid-1940s and eventually returned it to Rosenberg.
Safriwi pointed out that this decision was made at the same time France celebrates the achievements of former French President Charles de Gaulle and the French resistance to Nazi occupation of their country.
In another, one lad went on to become an ace RAF pilot while yet another stayed and worked in the French Resistance.