Pivot point calculator
The Invezz pivot point calculator lets you work out support and resistance levels for any tradeable asset or stock on a daily, monthly, and weekly basis. Keep reading to see how our pivot point calculator works.
How to use our pivot point calculator
To use our pivot point calculator, follow these steps:
- Enter the high price for the period you want to look at (day, week, or month).
- Enter the low price for the period you want to look at.
- Enter the opening price on that day, week, or month.
- Enter the closing price on that day, week, or month.
- Click calculate and you’ll see multiple pivot points, including for Fibonacci, Camarilla, and other math-based systems.
How the pivot point calculator works
By incorporating a few price points, our pivot point calculator can instantly calculate where potential points of support or resistance may lie for any tradeable asset. Different math-based systems will show different pivot points, so we show multiple perspectives so you can make decisions based on your trading system of choice.
Why should I use it?
You should use our pivot point calculator to take some of the emotion out of investing and trading. When the stock market is racing higher or tumbling lower, it’s easy to get swept up in the greed or fear that grips investors. By using proper technical analysis, you can make cooler, more calculated investing decisions.
What is a pivot point?
A pivot point is a price level used by traders as a possible indicator of future market movement, often as a point at which the value of a stock or asset could reverse course and head in the opposite direction. Pivot points are calculated based on an average of key price points achieved by the market during a particular trading period, whether it’s a day, a week, or a month.