nouna price or index level which investors feel marks a boundary which they are reluctant to cross, since beyond that boundary the price would be too high or too lowCOMMENTResistance levels on the Stock Exchange relate to 'sentiment'; if a share is selling at $2.95, and does not rise, it may be that investors see the price of $3.00 as a point above which they feel the share is overvalued; if the price 'breaks through' the $3.00 barrier, then it may continue to rise rapidly, as the resistance level has been broken. The same applies in reverse: if the pound/dollar exchange rate is $1.65, and the pound becomes weaker, the resistance level of $1.60, when broken, may be the sign of a further slide in the pound's value.
Related information about resistance level:
- Support and resistance - Wikipedia, the free encyclopedia
A resistance level is the opposite of a support level. It is where the price tends to find resistance as it is going up. This means the price is more likely to "bounce" ...
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An area of resistance or resistance level indicates that the stock or index is finding it difficult to break through it, and may head lower in the near term.
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By the time the price reaches the resistance level, it is believed that supply will overcome demand and prevent the price from rising above resistance.
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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 ...
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Support and resistance form at areas of excessive demand (buyers providing a support level) or supply (sellers providing a resistance level). Once support or ...
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Often times you will see a support or resistance level that appears broken, but soon ... Some argue that a support or resistance level is broken if the market can ...
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a point at which the rise in price of a specific stock is arrested due to more substantial selling than buying. Relevant Questions. How To Calculate Resista.
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Jun 14, 2011 ... This is because the indicators will act as another form of validation that the security is approaching a support or resistance level. Since support ...