(redirected from abrasion resistance)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.


An effective upper bound on prices achieved because of many willing sellers at that price level.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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).
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


An increased supply of a security. Compare support.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.


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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Abrasion resistance testing protocol specifies films be applied with a 7-mil drawdown applicator which, depending on paint rheology, yields a film only 4-5 mils thick.
Physical-chemical intervention with citric acid took no effect on the construction parameters but, on the other hand, an improvement of mechanical properties (tensile strength and abrasion resistance) was found.
Why then are the abrasion resistance results so different?
Victrex USA adds that the Techtrex formulations have demonstrated excellent hardness, abrasion resistance, and adhesion.
These tiles offer excellent abrasion resistance, reducing noise, impact, and injuries in high-traffic applications.
It rates high on tensile strength and abrasion resistance. Low viscosity makes handling and pouring the polymer easy.
Key statement: Provided are a rubber composition for tire tread which exhibits excellent cut and chip resistance and also exhibits excellent abrasion resistance and heat generation resistance performances that are in a trade-off relationship with the cut and chip resistance, and a tire produced using the rubber composition.
Nanovere Technologies has introduced Nano-Clear for industrial applications, designed to improve corrosion resistance, abrasion resistance and prevent the underlying paint from UV degradation.
Said to increase flow and ease of extrusion; raise compressive strength, stiffness and abrasion resistance; reduce creep, water absorption and shrinkage; and give better mold fill and more uniform cooling, which can cut injection molding cycles by 20%.
It improves the abrasion resistance of floor coatings and eliminates the need for frequent recoating.
It offers the abrasion resistance needed to produce as many as 300,000 sand molds before surfaces require repair or replacement.