Pivot Point Calculator

FINANCIAL TOOLS Pivot Point Calculator Calculate pivot points and support/resistance levels for traders.
📖
What is the Pivot Point Calculator & How does it work?

Pivot points are key levels of support and resistance in financial markets. They help traders determine potential price movements. The standard pivot point is calculated using the previous day’s high, low, and closing prices.

P = (H + L + C) / 3
P = Pivot Point
H = Previous Day’s High
L = Previous Day’s Low
C = Previous Day’s Close

Support and resistance levels are then calculated based on the pivot point:

  • First Support (S1) = P – Range / 2
  • Second Support (S2) = P – Range
  • Third Support (S3) = P – 1.5 * Range
  • First Resistance (R1) = P + Range / 2
  • Second Resistance (R2) = P + Range
  • Third Resistance (R3) = P + 1.5 * Range
⚙️
Parameters
Result—
❓
Frequently Asked Questions
How do I calculate the pivot point?
The pivot point (P) is calculated as (H + L + C) / 3, where H is the previous day’s high, L is the low, and C is the close.
What are support levels based on the pivot point?
First Support (S1) = P – Range / 2, Second Support (S2) = P – Range, Third Support (S3) = P – 1.5 * R.
How do I use this calculator for trading?
Input the previous day’s high, low, and close prices to get the pivot point and support levels, which can help predict price movements.
What is the range used in calculating support levels?
The range is calculated as (H – L), where H is the previous day’s high and L is the low.
Can this calculator help with resistance levels too?
Yes, while not explicitly mentioned, you can calculate resistance levels by adding the same ranges to the pivot point.
Is there a specific formula for calculating resistance levels?
Resistance levels are calculated similarly to support levels but by adding the range or 1.5 * R to the pivot point.
How accurate are pivot points in predicting market movements?
Pivot points can be useful indicators, but their accuracy depends on market conditions and should not be relied upon solely for trading decisions.

Results are for informational purposes only and do not constitute professional advice.