Trading Technical Analysis Indicator Calculation
Pivot Points Trading Calculator
An online share trading calculator for technical analysis indicator calculation.
Pivot Points Trading Formula
Pivot Point (P) = High + Low + Close / 3
Resistance1 (R1) = (P * 2) - Low
Resistance2 (R2) = P + (High- Low)
Resistance3 (R3) = (P - S2) + R2
Support1 (S1) = (P * 2) - High
Support2 (S2) = P - (High - Low)
Support3 (S3) = P - (R2 - S2)
High = High price from the prior trading day
Low = Low price from the prior trading day
Close = Closing price from the prior trading day
How to Calculate Pivot Points
After the share market closes or before it opens the next day, find the High (H), Low (L) and Close (C) from the most recent day.
Sum the High (H), Low (L) and Close (C) and then divide by 3
Mark this price on the chart as Pivot Point (P).
Once P is known, calculate S1, S2, S3, R1, R2, R3. The high and low in these calculations are from the prior trading day.