resistance level

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.

Example Sentences

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

"It's possible that bitcoin could reach the next resistance level of $25,200 in the coming weeks," said Rachel Lin, CEO of exchange Synfutures.

From Reuters

The Indian rupee firmed on Friday, as most Asian currencies gained against a weaker dollar, but the local currency stopped short of breaching a key resistance level.

From Reuters