Before making any trade, knowing the support and resistance levels of a stock is essential. These levels act like invisible barriers where prices may bounce, reverse, or break through. By tracking them, traders can better time entries, exits, and risk management strategies.
This article is part of our Trading Tools section, designed to help traders with practical calculators and guides. Explore more tools at ProChartInsight Tools .
What Is Resistance?
Resistance is the price level where selling pressure often exceeds buying interest, causing prices to stall or reverse. It acts like a ceiling for the stock. When price breaks above resistance with strong momentum, it may signal the start of a new uptrend.
What Is Support?
Support is the opposite. It’s the price level where buyers typically step in, preventing further decline. It acts like a floor. If support is broken, it often signals continued weakness and can trigger further declines.
What Is the Pivot Point?
The pivot point is a technical indicator calculated from the previous session’s high, low, and close. It acts as a reference level: if prices stay above it, the sentiment is considered bullish, while trading below it is often seen as bearish.
Use the Calculator Below
With this calculator, you can instantly generate three support levels, three resistance levels, and the pivot point. Just enter the High, Low, and Close from the last trading session, and the tool will do the rest.
Support & Resistance Calculator
Conclusion
Support, resistance, and pivot levels are not just technical terms—they are the foundation of strategic trading. By using this calculator, you can take the guesswork out of your decisions and trade more confidently.
🚀 Combine this tool with candlestick analysis, moving averages, or volume studies for a complete picture of market direction.
💬 Your turn: Try the calculator above using data from your favorite stock or forex pair. Share your experience in the comments—did the levels match your expectations?
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