Pivot Points

SYMBOLR3R2R1PIVOTS1S2S3
ALUMINI
239
237
235.9
237.3
232.8
230.8
229.7
ALUMINIUM
238.3
236.2
234.8
236.4
231.3
229.2
227.8
COPPER
888.3
877.4
870.3
878.7
852.4
841.5
834.4
CRUDEOIL
7069
7019
6985
7024
6901
6851
6817
CRUDEOILM
7066
7017
6984
7022
6902
6853
6820
GOLD
73644
73108
72756
73169
71868
71332
70980
GOLDGUINEA
59241
58910
58717
58956
58193
57862
57669
GOLDM
73550
73027
72701
73093
71852
71329
71003
GOLDPETAL
7225
7192
7172
7196.3
7119
7086
7066
LEAD
191.2
190.5
189.9
190.5
188.6
187.9
187.3
LEADMINI
190.9
190.4
189.9
190.4
188.9
188.4
187.9
MENTHAOIL
1003.5
985.6
973.2
987.4
942.9
925
912.6
NATGASMINI
212.2
209.9
206.8
209.6
201.4
199.1
196
NATURALGAS
212.3
210
206.7
209.7
201.1
198.8
195.5
SILVER
95491
93946
92983
94140
90475
88930
87967
SILVERM
95477
93892
92919
94096
90361
88776
87803
SILVERMIC
95430
93875
92911
94072
90392
88837
87873
ZINC
280.7
277.1
275
277.6
269.2
265.6
263.5
ZINCMINI
280.8
277.1
274.9
277.6
269
265.3
263.1

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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