n NISM Certifications
XV NISM Series XV
Medium

In technical analysis terminology, the price at which a stock peaks is called ______.

Practice question from NISM XV Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Year high

  2. B

    Support

  3. Resistance

    Correct answer

  4. D

    Week high

Why this is the answer

Resistance represents the level at which a stock price tends to encounter selling pressure, often peaking before a decline. Support, in contrast, is where the price tends to stop falling and may rebound upward.

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