A “pivot point” is a technical analysis indicator used to glean the overall trend of the market over differing time periods. The pivot point itself is simply the average of the high, low and closing prices from the previous day's trading. What Do the Pivots Indicate Regarding Shares of Universal Tracking Sltns (UTRK)? Parker City News - Dec 25, 2018
A “pivot point” is a technical analysis indicator used to glean the overall trend of the market over differing time periods. The pivot point itself is simply the average of the high, low and closing prices from the previous day's trading.