Get Pivot Points Calculator

Pivot point (PP) = (High + Low + Close) / 3. First resistance (R1) = (2 x PP) Low. First support (S1) = (2 x PP) High. Second resistance (R2) = PP + (High Low) Second support (S2) = PP (High Low) Third resistance (R3) = High + 2(PP Low) Third support (S3) = Low 2(High PP)

A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ... On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.

Pivot Point (PP) = (Daily High + Daily Low + Close) / 3. R1 = (2 x Pivot Point) Daily Low. R2 = Pivot Point + (Daily High Daily Low) R3 = Daily High + 2 x (Pivot Point Daily Low) S1 = (2 x Pivot Point) Daily High.

A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ... On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.

Since the data the pivot point gives is only applicable to one trading day, it becomes highly specific. So, it is suitable for only short time frames. Short time frames like 1-minute, 2-minute and 5-minute are the best for pivot point indicator. This makes pivot points more preferable to day traders.

The Pivot Point Calculator is used to calculate pivot points for forex (including SBI FX), forex options, futures, bonds, commodities, stocks, options and any other investment security that has a high, low and close price in any time period.

A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period. ... A pivot point and the associated support and resistance levels are often turning points for the direction of price movement in a market.

The three levels of resistance are referred to as R1, R2, and R3 while the three levels of support are referred to as S1, S2, and S3. When the current price is trading above the daily pivot point, this serves as an indication to initiate long positions.

Resistance 1 = (2 x Pivot Point) Low (previous period) Support 1 = (2 x Pivot Point) High (previous period) Resistance 2 = (Pivot Point Support 1) + Resistance 1. Support 2 = Pivot Point (Resistance 1 Support 1) Resistance 3 = (Pivot Point Support 2) + Resistance 2.