Pivot Points

SYMBOLR3R2R1PIVOTS1S2S3
ALUMINI
245.8
242.1
242.8
239
239.7
236
236.7
ALUMINIUM
240.8
239.5
237.9
236.6
234.9
233.6
232
COPPER
870.3
866.3
862.1
858.2
854
850
845.8
CRUDEOIL
7127
7085
7042
7000
6957
6915
6872
CRUDEOILM
7129
7083
7041
6995
6953
6907
6865
GOLD
72301
72025
71763
71487
71225
70949
70687
GOLDGUINEA
58413
58200
57856
57643
57299
57086
56742
GOLDM
73227
72814
72461
72048
71695
71282
70929
GOLDPETAL
7131.7
7114.3
7089.7
7072.3
7047.7
7030.3
7005.7
LEAD
194.2
193.4
192.5
191.7
190.8
190
189.1
LEADMINI
193.4
192.9
192.1
191.6
190.9
190.4
189.6
MENTHAOIL
944
938.4
932.1
926.5
920.2
914.6
908.3
NATGASMINI
172.3
169.8
165.3
162.8
158.3
155.8
151.3
NATURALGAS
172.1
169.6
165.1
162.6
158.1
155.6
151.1
SILVER
82197
81799
81239
80841
80281
79883
79323
SILVERM
83903
83476
82966
82539
82029
81602
81092
SILVERMIC
83897
83473
82948
82524
81999
81575
81050
ZINC
262.9
259.7
256
252.7
249
245.8
242.1
ZINCMINI
262
259
255.6
252.6
249.2
246.2
242.8

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.

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