resistance level

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Resistance level

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.

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).

resistance level

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resistance level
A price at which a security or the market itself will encounter considerable selling pressure. A resistance level is formed when investors purchase large amounts of a security just before a decline and then resolve to sell the security should it again reach the level at which it was purchased. Technical analysts believe that an additional supply of a security will tend to keep its price from rising above the resistance level. Also called overhead resistance level. Compare support level. See also overhanging supply.
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Tenders are invited for Sports Fitness Upright Bike M 1100 U Of Afton Make Or Similar, As Per Specification :- Large Single Window Lcd Display , Feed Back Time , Spped , Distance , Calories And Pulse, Multiple Resistance Levels, Easy Resistance Levels, Easy Adjustable Ergonomic Cushioned Set, Smoot Flywheel, Preset Test/ Practice Programme, Suitable For Gymnasium Use.
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AUSTRALIA -- Researchers investigated the relationship between clinical neuroimaging measures of stroke severity in acute stroke patients and their aspirin resistance levels.
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In addition, the predictive power of the support and resistance levels appeared to last at least five business days after they were first communicated to customers.
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