What is the meaning of Resistance level?

Resistance level is 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 or security. Antithesis of support level.

4
 
|15 years ago|464 views|share |citing 
APABarry Goldsmith. (2010). Resistance level. Retrieved September 25, 2026, from http://smartdefine.org/resistance_level/definitions/1162383
ChicagoBarry Goldsmith. 2010. "Resistance level" http://smartdefine.org/resistance_level/definitions/1162383 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, Resistance level, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/resistance_level/definitions/1162383>.
MLABarry Goldsmith. "Resistance level" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/resistance_level/definitions/1162383>