resistance level
/rɪˈzɪstəns ˌlɛvəl/
a price point where selling pressure is strong enough to prevent further advance
resistance level in a sentence
“The stock failed to break above the resistance level at its 52-week high.”
Origin of resistance level
Latin resistere to stand against + level
Related Words
moving average
a calculation that smooths price data by creating a constantly updated average price over a defined period
candlestick
a chart element showing the open, close, high, and low prices for a period, resembling a candle
breakout
when a price moves above a resistance level or below a support level with increased volume
dead cat bounce
a temporary recovery in a declining asset's price, followed by a continuation of the downtrend
head and shoulders
a chart pattern with three peaks — a higher middle peak flanked by two lower ones — signaling a trend reversal
RSI
relative strength index — a momentum oscillator measuring the speed and magnitude of recent price changes, scaled 0 to 100