This article explains what Pivot Points are and how they're calculated. Its a very good way to set your entry and exit points when swing trading and day trading.
| Pivot Point | 0.91 |
|---|---|
| 1st Level Resistance | 0.99 |
| 2nd Level Resistance | 1.04 |
| 3rd Level Resistance | 1.12 |
| 1st Level Support | 0.86 |
| 2nd Level Support | 0.78 |
| 3rd Level Support | 0.73 |
This article explains what RSI (Relative Strength Index) is and how they're calculated. High RSI usually indicates a cooling down or a dip in the price of stock. When the stock is in overbought territory there is a good chance of an uptick after.
| RSI at 80% | 1.50 |
|---|---|
| RSI at 70% | 1.18 |
| RSI at 50% | 0.92 |
| RSI at 30% | 0.62 |
| RSI at 20% | 0.25 |
High/Low and Close is an indicator of the volatility of the price in a given day.
| High | 0.95 |
|---|---|
| Low | 0.82 |
| Close | 0.95 |
| Previous Close | 0.85 |