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What is a stock's resistance level?

A stock's resistance level is its theoretical price ceiling for a given period of time. What Is Resistance in Simple Terms? What Timeframe Should Be Used to Draw Resistance Lines? What Is a Support Level? What Does It Mean When a Stock “Breaks Out?” How Do Investors Use Resistance and Support Levels to Make Trading Decisions?

What happens if a stock price reaches a resistance level?

When buying pressure pushes a stock price higher, but the price can't rise beyond a specific price level, it's hitting a resistance level. At this price level, too much stock is available for sale. In purely economic terms, the stock supply outstrips the demand to buy.

What is the difference between a support level and a resistance level?

In other words, it is the presumed “ceiling” price of a particular stock over a certain period. Resistance is the opposite of support. A stock’s support level is the price it tends not to drop below over a given period of time.

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