Pivot Points Calculator
This calculator computes pivot points — a key tool in technical analysis used to identify potential support and resistance levels. Based on the previous day's high, low, and close prices, it helps traders forecast market movement.
Pivot Point & Support/Resistance Tool
Basic Pivot Point Formula
$$\text{Pivot Point (P)} = \frac{H + L + C}{3}$$
Where:
- $$H$$ = High price of the previous period
- $$L$$ = Low price of the previous period
- $$C$$ = Closing price of the previous period
Explanation:
The pivot point is the average of the high, low, and close. It’s a predictive indicator used by traders to determine market direction and key price levels.
Pivot points are often used with support and resistance levels to plan entry and exit points in trades. Once the main pivot point is calculated, additional levels can be derived:
- Support 1 (S1) = 2P−H2P – H2P−H
- Resistance 1 (R1) = 2P−L2P – L2P−L
- Support 2 (S2) = P−(H−L)P – (H – L)P−(H−L)
- Resistance 2 (R2) = P+(H−L)P + (H – L)P+(H−L)
Example Variables:
- High: 110
- Low: 100
- Close: 105
- Pivot Point = (110 + 100 + 105) / 3 = 105
Use Cases:
- Intraday and swing trading
- Forex, stock, and crypto markets
- Risk management and trade planning