What Do the Pivot Points Reveal About Shares of Vystar Corp (VYST)?

A “pivot point” is a technical analysis indicator used to find the overall trend of the market over different time periods.  A pivot point is simply the average of the high, low and closing prices from the previous trading day.  The following day, any trading above the pivot point indicates bullish trends, and trading below the pivot point indicates a bearish trend.  Pivot point analysis is used in alongside consideration of support and resistance levels.  The first support and resistance levels are found by utilizing the width of the trading range between the pivot point and the high or the low prices of the day’s trading.  Secondary support and resistance levels can be found using the full width between the high and low prices of the previous trading day.Pivot points are oft-used indicators for trading futures, commodities, and stocks.  They are static, remaining at the same price level throughout the day.  Five pivot point levels are generated by using data from the previous day’s trading range. 

These are composed of a pivot point and two higher pivot point resistances called R1 and R2 and also two lower pivot point supports called as S1 and S2.  Vystar Corp (VYST)’s Pivot Point is 0.0614.  Its 1st Resistance Point is 0.0645 and its 2nd Resistance Point is 0.0671.  The 1st Support Point is 0.0588 while its 2nd Support Point is 0.0557.

Vystar Corp (VYST)’s Raw Stochastic, which shows (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days is 77.10%. 

Their Stochastic %K, which indicates (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days with a 3-period exponential moving average applied is 66.41%.  Finally, their Stochastic %D, the indicator that shows (on a range of 0%-100%) where the price closed in relation to its price range over the last nine days with a 3-period exponential moving average applied, is 61.14%.

Known also as statistical volatility, Historical Volatility is the realized volatility of a financial instrument over a specified period of time.  The measure is calculated by finding the average deviation from the average price of a commodity during a specified time period. 

Standard deviation is the most common, though not only, way to calculate historical volatility. Vystar Corp (VYST)’s 9-Day Historical Volatility is 69.09%, its 14-Day Historical Volatility is 85.67%, and looking back further, its 20-Day Historical Volatility is 198.34%.

Vystar Corp (VYST)’s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Buy. 

Barchart Opinions show investors what a variety of popular trading systems are suggesting.  These Opinions take up to 2 years’ worth of historical data and runs the prices through thirteen technical indicators.  After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study.  Today’s opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Vystar Corp (VYST) is 80% Buy.

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