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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.

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The combination of strong fundamentals and technicals along with significant pessimism suggests the path of least resistance is higher.
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Instead of running scared from the opinion polls and taking the path of least resistance, if our Republican leaders had shown a modicum of backbone, they would have done as I did and thrown their support behind Tom McClintock, a man who had earned and deserved his party's support, and who, with that support, could have beaten Cruz Bustamante.
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0 out of a possible 10 indicates that the path of least resistance leads higher.
0 out of a possible 10, which suggests that the path of least resistance leads higher.
The winds on a normal day go up Interstate 5, which is the path of least resistance following canyons instead of over hills,'' Selik said.
This high rating suggests that the path of least resistance leads higher.