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Pivot Points

SYMBOLR3R2R1PIVOTS1S2S3
ALUMINI
266.9
266.1
265
264.2
263.1
262.3
261.2
ALUMINIUM
267.8
266.9
265.6
264.7
263.4
262.5
261.2
COPPER
879
875
870.3
866.3
861.5
857.5
852.8
CRUDEOIL
6416
6357
6253
6194
6090
6031
5927
CRUDEOILM
6416
6358
6256
6198
6096
6038
5936
GOLD
86803
86429
86219
85845
85635
85261
85051
GOLDGUINEA
71053
70626
70226
69799
69399
68972
68572
GOLDM
86513
86182
85988
85657
85463
85132
84938
GOLDPETAL
8810
8779
8761
8730
8712
8681
8663
LEAD
183.2
181.5
180
178.3
176.8
175.1
173.6
LEADMINI
183.1
181.5
180.2
178.6
177.4
175.8
174.5
MENTHAOIL
928.8
926.9
923.9
922
919
917.1
914.1
NATGASMINI
409.4
397
384.2
371.8
359
346.6
333.8
NATURALGAS
409
397
384
372
359
347
334
SILVER
98058
97569
96884
96395
95710
95221
94536
SILVERM
97959
97434
96828
96303
95697
95172
94566
SILVERMIC
97851.3
97354.7
96793.3
96296.7
95735.3
95238.7
94677.3
ZINC
276.6
274.7
273.3
271.3
269.9
268
266.6
ZINCMINI
275.9
274.1
272.7
270.9
269.5
267.7
266.3

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.