resistance level

American  

noun

Stock Exchange.

1. a point at which the rise in price of a specific stock is arrested due to more substantial selling than buying.

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Example Sentences

Below the 10-week MA, solid support lies around 6,540, near the recent lows, and additional support at the former resistance level near 6,150, where the 40-week MA currently resides—about 10.2% below current levels.

From Barron's

The move above the resistance level of $4,050 confirmed a medium-term upward trajectory, with the next resistance level at $4,216 per ounce.

From MarketWatch

All new buildings are now required to meet a basic earthquake resistance level that means they can withstand a certain level of shaking without major structural failures.

From BBC

"The yen will be particularly sensitive to hot U.S. data, especially if it causes Treasuries to blow through what's looking like a key resistance level of 5% or so," said Kyle Rodda, senior financial market analyst at Capital.com.

From Reuters

Market positioning indicates the maximum pain level for the June 2023 options expiry for bitcoin is at around $24,000, which could act as a support or resistance level, according to analysts at Bitfinex.

From Reuters