How the Pivot Point Calculator works
Pivot points are price levels calculated from the previous period's high, low and close. Traders watch them as possible support and resistance areas for the next session.
Formulas: P = (H + L + C) ÷ 3; R1 = 2P − L; S1 = 2P − H; R2 = P + (H − L); S2 = P − (H − L); R3 = H + 2(P − L); S3 = L − 2(H − P).