Resistance

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Resistance

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).

resistance

An increased supply of a security. Compare support.

Resistance.

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 classic literature ?
Somewhat is possible of resistance, and of persistence, and of creation, to this power, which will foil all emulation.
Athelstane, who, as the reader knows, was slothful, but not cowardly, beheld the female form whom the Templar protected thus sedulously, and doubted not that it was Rowena whom the knight was carrying off, in despite of all resistance which could be offered.
"Yes, but it possesses great resistance. I will now ask our worthy secretary to calculate the weight of a cast-iron gun with a bore of nine feet and a thickness of six feet of metal."
All isolates were plasmid-free, and resistances were not transferable, either directly or by mobilization after a self-conjugative plasmid was introduced into the strains.
Java) with resistance to antimicrobial drugs has been isolated with increasing frequency from patients in Scotland, England, Wales, and the Channel Islands.
However, three-terminal contact resistance measurements at the approximate currents that will pass through each contact in the quadruple-series mode on the i = 2 (12 906.4 [ohm]) quantum Hall plateau at 8.3 T and 1.58 K tell a different story: S' = 9 [ohm], D' = 0.04 [ohm], 1' = 115 [ohm], 2' = 238 [ohm], 3' = 1417 [ohm], 4' = 73 [ohm], 5' = 179 [ohm], and 6' = 7644 [ohm] after measuring the voltages with both current directions and subtracting lead resistances.
The results demonstrated a classic resistance-specific training effect: The heavier the resistances, the greater the increases in isometric strength, and the lighter the resistance, the greater the velocity.
The new antibiotic resistances probably aren't a danger to people, McMaaus says.
The raw data from the measurement includes the effect of the substrate material and the interfacial thermal resistances between the sensor plates and the specimen.
Macrolide and fluoroquinolone (levofloxacin) resistances among Streptococcus pneumoniae strains: significant trends from the SENTRY Antimicrobial Surveillance Program (North America, 1997-1999).
Care should be taken when high signal gains (transfer resistances) are selected because the very high feedback resistor and a very small detector shunt resistance can produce a very high closed loop voltage gain.
To the Editor: Infections caused by Salmonella are the primary cause of foodborne diseases; multidrug resistance to Salmonella enterica subsp.