Support Resistance Level Calculator
Use our free Support resistance level Calculator to plan your technical analysis strategy. Get detailed breakdowns, charts, and actionable insights.
Reviewed by Daniel Agrici, Founder & Lead Developer
Formula
Pivot = (High + Low + Close) / 3; R1 = 2P - L; S1 = 2P - H; R2 = P + (H-L); S2 = P - (H-L)
The central pivot point is the average of the previous period High, Low, and Close. Support and resistance levels are calculated by applying arithmetic operations involving the pivot and the price range. Different methods (Fibonacci, Woodie, Camarilla) use alternative formulas for varied trading approaches.
Worked Examples
Example 1: EUR/USD Daily Pivot Points (Standard)
Problem:Yesterday EUR/USD had High = 1.1050, Low = 1.0920, Close = 1.0985. Calculate standard pivot points.
Solution:Pivot = (1.1050 + 1.0920 + 1.0985) / 3 = 1.0985\nR1 = 2 x 1.0985 - 1.0920 = 1.1050\nR2 = 1.0985 + (1.1050 - 1.0920) = 1.1115\nR3 = 1.1050 + 2 x (1.0985 - 1.0920) = 1.1180\nS1 = 2 x 1.0985 - 1.1050 = 1.0920\nS2 = 1.0985 - (1.1050 - 1.0920) = 1.0855\nS3 = 1.0920 - 2 x (1.1050 - 1.0985) = 1.0790
Result:Pivot: 1.0985 | R1: 1.1050 | R2: 1.1115 | S1: 1.0920 | S2: 1.0855
Example 2: S&P 500 Fibonacci Pivot Points
Problem:S&P 500 had High = 4520, Low = 4480, Close = 4505. Calculate Fibonacci pivot points.
Solution:Pivot = (4520 + 4480 + 4505) / 3 = 4501.67\nRange = 4520 - 4480 = 40\nR1 = 4501.67 + 0.382 x 40 = 4516.95\nR2 = 4501.67 + 0.618 x 40 = 4526.39\nR3 = 4501.67 + 1.000 x 40 = 4541.67\nS1 = 4501.67 - 0.382 x 40 = 4486.39\nS2 = 4501.67 - 0.618 x 40 = 4476.95\nS3 = 4501.67 - 1.000 x 40 = 4461.67
Result:Pivot: 4501.67 | R1: 4516.95 | R2: 4526.39 | S1: 4486.39 | S2: 4476.95
Frequently Asked Questions
What are support and resistance levels in trading?
Support and resistance levels are price points on a chart where the forces of supply and demand converge, creating potential turning points for price action. Support is a price level where buying interest is strong enough to prevent the price from declining further, acting as a floor. Resistance is where selling pressure is sufficient to halt upward price movement, acting as a ceiling. These levels form because traders remember prior price points where reversals occurred and place orders accordingly. Pivot point calculations use the previous period high, low, and close to mathematically project these key levels for the upcoming trading session. They are among the most widely used technical analysis tools in forex, stock, and commodity trading.
References
Reviewed by Daniel Agrici, Founder & Lead Developer · Editorial policy