Resistance (Resistance Level)

The price at which a stock or market can trade, but which it cannot exceed, for a certain period of time.

Often referred to as "resistance level".

Investopedia Says:
The stock or market stops rising because sellers start to outnumber buyers.

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Price ceiling at which technical analysts note persistent selling of a commodity or security. If XYZ's stock generally trades between a low of $50 and a high of $60 a share, $50 is called the Support Level and $60 is called the resistance level. Technical analysts think it significant when the stock breaks through the resistance level because that means it usually will go on to new high prices. See alsoBreakout; Technical Analysis.