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Support/Resistance

Determine Market Trends by Support and Resistance Price Levels

In order to calculate the support/resistance level of an instrument, enter its symbol.

  • Currency pairs – abbreviations need to be separated by a slash (i.e. EUR/USD);
  • Stocks and Indices – you need to enter the symbol of the instrument.

If you don't know the symbol you can find it in the lists below:

Stocks,    Indices  or  Currency Pairs.
Period  
Symbol    

High Low Avg Open Avg Close
0 0 0 0

Pivot point Pivot point (volatile)
0.0000 0.0000

Support Resistance
Level 1 Level 2 Level 1 Level 2
0.0000 0.0000 0.0000 0.0000

Deltastock shall not be rendered responsible for inappropriate calculation of resistance/support levels due to technical errors. The data presented in the above tables is allocated purely for informational purposes and does not represent advice or recommendation for trades.


One of the most popular methods in technical analysis, used by both professional bankers and brokers, is determining the resistance and support levels as well as the pivot point, the break of which shows or confirms market trends.

Resistance and support levels are distinguished for their ability to limit the appreciation/depreciation of a certain asset. The most-commonly used technical tools for determination of a resistance/support level include: trend lines and trend channels, prior tops/bottoms, Moving averages and Fibonacci Retracements.

The pivot point is a technical indicator calculated as the average value of the high, low and closing prices of a certain asset for the preceding time interval. Pivot points serve as resistance or support levels depending on whether the current price is below or over the pivot point.




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