HK50 Pivot Points Calculator

Daily pivot points turn yesterday's open, high, low and close into today's reference levels for support and resistance — a level many HK50 traders already watch, not a signal on its own.

How do I calculate pivot points for HK50?

Here's a worked example (these figures will differ from whatever this page's own fields currently show, since those update as new price data comes in — the calculation method is what matters): open 24,276.02, high 24,546.02, low 24,206.02, close 24,421.02.

With HK50 closing at 24,421.02, that's above the pivot point of 24,391.02 — a simple, widely-used read on whether sentiment is leaning bullish or bearish for the session.

What are R1/R2 and S1/S2?

R1 and R2 are resistance levels progressively further above the pivot; S1 and S2 are support levels the same distance below it, using the full prior-period range (high minus low, 340.00 points in this example).

Many traders watch price reaction at R1/S1 specifically: a clean break through tends to be read as momentum continuing toward R2/S2, while a rejection back toward the pivot is read as the level holding.

How often should pivot points be recalculated?

At the start of each new trading period — daily for daily pivots, weekly for weekly pivots — using that prior period's own high, low and close. They stay fixed for the entire session rather than moving tick by tick the way a live indicator would.

What pivot points show on HK50

It is most active during Hong Kong trading hours, and the cash market takes a lunch break that CFD quotes may or may not follow depending on the broker. Chinese policy and economic data, Hong Kong property and bank earnings, and global risk sentiment drive it.

Pivot points turn the previous period's high, low and close into a central level and a ladder of support and resistance levels around it. Many traders watch them because others do, which makes them a common reference for entries, stops and targets on HK50.

Worked example: pivot levels for HK50

The previous-day figures are invented for illustration. Assume the previous day's high was 24,600.0, the low 24,200.0 and the close 24,500.0, a range of 400.0.

• P = (24,600.0 + 24,200.0 + 24,500.0) ÷ 3 = 24,433.333.
• R1 = 2 × 24,433.333 − 24,200.0 = 24,666.7.
• S1 = 2 × 24,433.333 − 24,600.0 = 24,266.7.
• R2 = 24,433.333 + 400.0 = 24,833.3.
• S2 = 24,433.333 − 400.0 = 24,033.3.
• R3 = 24,600.0 + 2 × (24,433.333 − 24,200.0) = 25,066.7.
• S3 = 24,200.0 − 2 × (24,600.0 − 24,433.333) = 23,866.7.

The levels above are worked from P shown to 3 decimals and rounded to 1, so the calculator, which carries more decimals, may differ from them in the last digit.

A trade plan built from these levels

Suppose price pulls back to the pivot at 24,433.3 and you buy, with the stop at S1 and the target at R1.

• Stop distance: 24,433.3 − 24,266.7 = 166.6 = 167 points.
• Target distance: 24,666.7 − 24,433.3 = 233.4 = 233 points.
• Risk per 1.00 lot: 167 × $0.1282 = $21.41.
• Lots for a $100 risk: $100 ÷ $21.41 = 4.6707, rounded down to 4.67.
• If the stop is hit: 4.67 × 167 × $0.1282 = -$99.98. If the target is hit: 4.67 × 233 × $0.1282 = $139.50.
• Reward-to-risk: 233 ÷ 167 = 1.40.

The levels do not guarantee a reaction. They frame where to place orders; if S1 breaks, the next level down, S2 at 24,033.3, becomes the reference. Then check the real result with the HK50 risk reward ratio calculator before you enter.

Reading price against the pivot

The same levels give a simple map of the session. Distances below are measured from P at 24,433.3, with the value of each move for one lot at $0.1282 per point:

• Above P: price holding above 24,433.3 favours buyers, with R1 at 24,666.7 (233 points, $29.87 per lot) as the first target.
• Through R1: the next reference is R2 at 24,833.3, 400 points above P, worth $51.28 per lot.
• Below P: price holding under 24,433.3 favours sellers, with S1 at 24,266.7 (167 points, $21.41 per lot) as the first target.
• Through S1: the next reference is S2 at 24,033.3, 400 points below P, worth $51.28 per lot.

Price that spends the whole session between S1 and R1 has stayed inside the central band, which often means a quiet day on HK50. A move to R2 or S2 usually needs news or a strong trend behind it.

Limits of pivot points

• Because this market has a defined session, the previous high, low and close depend on which hours your broker includes, so levels can differ slightly between platforms.
• Pivots come only from three prices, so one spike in the high or low shifts every level.
• They suit intraday decisions best; for swing trades, weekly or monthly inputs give wider levels.
• Price often ignores a level, so treat them as areas, not exact lines.

Verify the HK50 levels with your broker

The classic formulas above are standard, but the high, low and close you enter must come from your own platform's daily candle, because brokers use different server times and price feeds. The values of $0.1282 per point per lot are reference figures, so check the contract specification before sizing a trade. For the method's background, see pivot points on Wikipedia.

More tools for HK50

• Turn a risk amount and a stop distance into a lot size with the HK50 lot size calculator.
• See how much margin that position ties up with the HK50 margin calculator.
• Check what one point is worth per lot with the HK50 pip value calculator.
• Work out the result of a finished trade with the HK50 profit and loss calculator.
• Compare risk and reward before entering with the HK50 risk reward ratio calculator.
• Compare a similar instrument: USDCNH pivot points calculator.
• Compare a similar instrument: NAS100 pivot points calculator.

Conclusion

These levels are a reference derived from the prior period's range, not a forecast — confirm your own platform's actual prior-period OHLC for HK50 if you're trading these levels for real, since this page's worked example is illustrative, not a live feed. See what a pivot point is and how traders use it, and Wikipedia's entry on pivot points for the underlying method and its variants.

Frequently asked questions