Pivot Points

SYMBOLR3R2R1PIVOTS1S2S3
ALUMINI
249
246.9
245.3
243.2
241.7
239.6
238
ALUMINIUM
252.1
249.5
246.6
244
241
238.4
235.5
COPPER
822.1
817.2
814.3
809.4
806.4
801.5
798.6
CRUDEOIL
6008
5955
5907
5854
5806
5753
5705
CRUDEOILM
6015
5961
5913
5859
5811
5757
5709
GOLD
76558
76209
75898
75549
75238
74889
74578
GOLDGUINEA
61973
61731
61499
61257
61025
60783
60551
GOLDM
76430
76135
75845
75550
75260
74965
74675
GOLDPETAL
7770
7725
7694
7649
7618
7573
7542
LEAD
183.7
182.8
182
181.1
180.3
179.4
178.6
LEADMINI
184.5
183.5
182.5
181.5
180.5
179.5
178.5
MENTHAOIL
948.8
941.4
929.8
922.4
910.8
903.4
891.8
NATGASMINI
273.3
265.7
260.6
253
247.9
240.3
235.2
NATURALGAS
273.4
265.8
260.5
252.9
247.6
240
234.7
SILVER
92509
91979
91300
90770
90091
89561
88882
SILVERM
92092
91581
90946
90435
89800
89289
88654
SILVERMIC
92128
91614
90968
90454
89808
89294
88648
ZINC
284
282.6
280.5
279.1
277
275.6
273.5
ZINCMINI
283.8
282.4
280.5
279
277.1
275.7
273.8

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.