Pivot Point Calculator

How it works

Classic: 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) · Fibonacci: R/S = P ± 0.382, 0.618, 1.000 × (H − L) · Camarilla: R/S n = C ± (H − L) × 1.1 ÷ 12, 6, 4, 2 · Woodie: P = (H + L + 2C) ÷ 4, then the classic R/S formulas

Pivot points were used by floor traders to set the day’s key levels before the open: the average of the previous session’s high, low and close is the pivot, and the levels above and below it act as likely resistance and support. Price above the pivot is read as a bullish bias, below it as bearish. Fibonacci pivots space the levels by Fibonacci ratios of the range, Camarilla levels cluster around the close for mean-reversion trading, and Woodie pivots give the close double weight. Use daily data for intraday levels, or weekly and monthly data for swing levels.

Worked example

With a previous high of 105, low of 95 and close of 102, the classic pivot is (105 + 95 + 102) ÷ 3 = 100.67. R1 = 2 × 100.67 − 95 = 106.33 and S1 = 2 × 100.67 − 105 = 96.33; R2 = 100.67 + 10 = 110.67 and S2 = 90.67; R3 = 105 + 2 × 5.67 = 116.33 and S3 = 95 − 2 × 4.33 = 86.33.

Sources: Investopedia — Pivot Point · StockCharts ChartSchool — Pivot Points

Frequently asked questions