Most popular Pivot Point
Pivot Point (P) = (High + Low + Close)/3
S1 = P * 2 – High
S2 = P – (High – Low)
R1 = P * 2 – Low
R2 = P + (High – Low)
R4 = R3 + (H – L)
R3 = H + 2 * (P – L)
R2 = P + (H – L)
R1 = (2 * P) – L
P = (HIGH + LOW + (OPEN * 2)) / 4
S1 = (2 * P) – HIGH
S2 = PP – (H – L)
S3 = L – 2 * (H – P)
S4 = S3 – (H – L)
R4 = (H – L) * 1.1/2 + C
R3 = (H – L) * 1.1/4 + C
R2 = (H – L) * 1.1/6 + C
R1 = (H – L) * 1.1/12 + C
S1 = C – (H – L) * 1.1/12
S2 = C – (H – L) * 1.1/6
S3 = C – (H – L) * 1.1/4
S4 = C – (H – L) * 1.1/2
These are conditional on the relationship between the close and the open.
If Close < Open, then X = High + (2 * Low) + Close
If Close > Open, then X = (2 * High) + Low + Close
If Close = Open, then X = High + Low + (2 * Close)
Pivot Point (P) = X/4
Support 1 (S1) = X/2 – High
Resistance 1 (R1) = X/2 – Low
Pivot Point (P) = (High + Low + Close)/3
Support 1 (S1) = P – (0.382 * (High – Low))
Support 2 (S2) = P – (0.6182 * (High – Low))
Support 3 (S3) = P – (1 * (High – Low))
Resistance 1 (R1) = P + (0.382 * (High – Low))
Resistance 2 (R2) = P + (0.6182 * (High – Low))
Resistance 3 (R3) = P + (1 * (High – Low))
Great app. Its a pocket bomb for all needs. Wonderful Job. Bravo!
Simply excellent & reliable informative, very much useful to do stock research.decision making so simple based this app.
Usefull app for traders. we can get an understanding about stocks to make an intraday decisions. Very good for beginners.