Pivot Point Formulas
All pivot formulas use the previous period's High (H), Low (L), and Close (C). DeMark also uses Open (O).
Classic
PP = (H + L + C) / 3R1 = 2×PP − L | S1 = 2×PP − H
R2 = PP + (H − L) | S2 = PP − (H − L)
R3 = H + 2×(PP − L) | S3 = L − 2×(H − PP)Woodie
Similar to Classic but gives double weight to the closing price.
PP = (H + L + 2×C) / 4Camarilla
Camarilla provides 8 levels (R4 to S4) based on close and range.
R4 = C + range × 1.1/2 | S4 = C − range × 1.1/2
R3 = C + range × 1.1/4 | S3 = C − range × 1.1/4
R2 = C + range × 1.1/6 | S2 = C − range × 1.1/6
R1 = C + range × 1.1/12 | S1 = C − range × 1.1/12Fibonacci
PP = (H + L + C) / 3R1 = PP + 0.382×(H−L) | S1 = PP − 0.382×(H−L)
R2 = PP + 0.618×(H−L) | S2 = PP − 0.618×(H−L)
R3 = PP + (H−L) | S3 = PP − (H−L)DeMark
DeMark adjusts the pivot based on the relationship between open and close.
If C < O: X = H + 2×L + C
If C > O: X = 2×H + L + C
If C = O: X = H + L + 2×C
PP = X / 4
R1 = X / 2 − L | S1 = X / 2 − H