Pivot point (technical analysis)

id: pivot-point-technical-analysis-315-11426202
title: Pivot point (technical analysis)
text: In financial markets, a pivot point is a price level that is used by traders as a possible indicator of market movement. A pivot point is calculated as an average of significant prices from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish. A pivot point and the associated support and resistance levels are often turning
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Pivot_point_(technical_analysis)
date created:
date modified: 2024-03-09T13:44:42Z
main entity: {"identifier":"Q17828314","url":"https://www.wikidata.org/entity/Q17828314"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5e/Pivot_point_DJI2009_8M1d.png","width":700,"height":401}
fields total: 13
integrity: 14

Related Entries

Explore Next Part