Pivot

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Pivot

Price level established as being significant by market's failure to penetrate or as being significant when a sudden increase in volume accompanies the move through the price level.

Pivot

A price that a security fails to either break above or fall below, or a price that a security reaches when its trading volume increases. If a security breaks above (or falls below) a pivot, it is expected to continue to rise (or fall). See also: Support level, Resistance level.
References in periodicals archive ?
In early September 1998, a trio with a rented U-Haul trailer from Buffalo, New York, attempted to remove Late Precambrian fossils from the vicinity of the Mistaken Point Ecological Reserve, using a pivotable rock saw.
A pivotable work blade holder permits dressing of the work blade and regulating roller without removal of any unit components.
The Director 20 comes with a pivotable tweeter allowing flexibility in speaker placement.
This is to be provided with two doors pivotable manually, so that the loading of the furnace can also be performed on the atmosphere side, both on the side of the glove, as.