Integrated Device Technology, Inc. (IDTI)

Support and Resistance Tool

The support and resistance tool marks key price levels where the stock has historically paused, reversed, or consolidated. A support level acts like a “floor,” where buying pressure often prevents the price from falling further. A resistance level acts like a “ceiling,” where selling pressure tends to stop prices from rising higher.

These levels help traders anticipate where price action may reverse or break out. By identifying supports and resistances, traders can plan entry and exit points more effectively, set stop-loss orders with greater precision, and evaluate the risk-to-reward ratio of a trade.