(redirected from viscous resistance)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.
Related to viscous resistance: viscosity, fluid resistance


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 ?
Areas of these two kinds of regions are affected by different jetting directions and behave in different viscous resistance. When the area of shear stress decreased region is larger than the shear stress increased region, bionic jetting model's viscous resistance will be reduced.
Here, [P.sub.cap_1] and [P.sub.ven_1] refer, respectively, to the blood pressure in the lower-body capillary bed and the veins; [C.sub.cap_1], [P.sub.cap_1], and [L.sub.cap_1] represent, respectively, the compliance, viscous resistance, and blood inertance of the lower-body capillary bed; [Q.sub.cap_1] and [Q.sub.cap_1] denote the blood flow rates through the lower-body capillary bed and the upstream arteriolar bed, respectively.
Their viscous resistance force characteristics depend on the applied electric/magnetic field strength.
The LOR occurs due to the tradeoff of media resistances for viscous resistances as the pleat count is increased.