Pivot Points

SYMBOLR3R2R1PIVOTS1S2S3
ALUMINI
239.2
238
236.4
237.9
233.6
232.4
230.8
ALUMINIUM
238.7
237.4
235.9
237.3
233
231.7
230.2
COPPER
878.3
873.4
869.2
873.6
860
855.1
850.9
CRUDEOIL
6758
6684
6635
6692
6512
6438
6389
CRUDEOILM
6755
6684
6633
6691
6511
6440
6389
GOLD
71859
71629
71388
71625
70917
70687
70446
GOLDGUINEA
57734
57660
57547
57647
57360
57286
57173
GOLDM
71743
71554
71345
71547
70947
70758
70549
GOLDPETAL
7066.3
7054.7
7037.3
7052.8
7008.3
6996.7
6979.3
LEAD
196.8
195.6
194.9
195.7
193
191.8
191.1
LEADMINI
198
196.1
195
196.4
192.1
190.2
189.1
MENTHAOIL
934
933
931.1
932.7
928.2
927.2
925.3
NATGASMINI
194.3
190.4
187.2
190.6
180.1
176.2
173
NATURALGAS
194.4
190.4
187.3
190.7
180.2
176.2
173.1
SILVER
84122
83727
83303
83717
82484
82089
81665
SILVERM
83957
83594
83194
83582
82431
82068
81668
SILVERMIC
83900
83550
83170
83540
82440
82090
81710
ZINC
269.7
266.7
264.4
266.9
259.2
256.2
253.9
ZINCMINI
269
266.2
264.1
266.5
259.2
256.4
254.3

What is a Pivot Point?

Pivot point is a technical analysis indicator that helps you determine the overall market trend. With pivot points, you can know whether the market trend is bullish or bearish and also determine how sustainable the trend is.

Technically speaking, the pivot point is the average of the intraday high, low, and closing price from the previous trading day.

 

Pivot Point Trading - How to use Pivot Points?

If the stock trades above the pivot point on the next day, it is assumed that the stock is in a bullish trend. On the other hand, if the stock trades below the pivot point on the next day, it is assumed that the stock is in a bearish trend.

Pivot point also helps you determine the Support and Resistance levels of the stock. These are the levels where the stock price will stop moving and reverse.

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