What is a pivot point in trading?

A pivot point is an intraday technical indicator used to identify trends and reversals mainly in equities, commodities, and forex markets. Pivot points are calculated to determine levels in which the sentiment of the market could change from bullish to bearish, and vice-versa.

What are fidelity pivot points?

Fidelity Pivots Points are price levels chartists can use to determine intraday support and resistance levels. Pivot Points use the previous days Open, High, and Low to calculate a Pivot Point for the current day. Using this Pivot Point as the base, three resistance and support levels are calculated and displayed above and below the Pivot Point.

What is a pivot point calculator?

A pivot point calculator is used to determine significant daily, weekly, and monthly support and resistance levels with the help of pivot points. Standard pivot calculators are mostly used by traders to calculate pivot points. If you are new to our screener and want to learn how to use pivot points calculators, then we are with you to explain.

What is a pivot price?

A pivot is a significant price level known in advance which traders view as important and may make trading decisions around that level. As a technical indicator, a pivot price is similar to a resistance or support level. If the pivot level is exceeded, the price is expected to continue in that direction.