Levels Calculator

Levels Calculator
  • Android 4.1 Android
  • Version: 1.0
  • 4 MB

Updated to version 1.0!

app Name Levels Calculator
Version 1.0
Developer Shree Software's
OS Android 4.1
Updated 2022-05-28

Download Levels Calculator app Android

Best application to calculate Strong Support and resistance using Fibonacci and Neo wave analysis.

Finding Strong support and resistance levels is an essential ingredient to successful technical analysis. If a Stock or Index is near an strong support level, it can serve as an alert to be extra vigilant in looking for signs of increased buying pressure and a potential reversal. If a security is approaching a resistance level, it can act as an alert to look for signs of increased selling pressure and potential reversal. If a support or resistance level is broken, it signals that the relationship between supply and demand has changed. A resistance breakout signals that demand (bulls) has gained the upper hand and a support break signals that supply (bears) has won the battle.

What Is Support?
Support is the price level at which demand is thought to be strong enough to prevent the price from declining further.
Support is the level at which demand is strong enough to stop the stock from falling any further.

The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined to buy and sellers become less inclined to sell. By the time the price reaches the support level, it is believed that demand will overcome supply and prevent the price from falling below support.

What Is Resistance?
As the name suggests, resistance is something which stops the price from rising further. The resistance level is a price point on the chart where traders expect maximum supply (in terms of selling) for the stock/index. The resistance level is always above the current market price.

Resistance become support and Vice Versa
Support can become resistance and vice versa. Once the price breaks below a support level, the broken support level can turn into resistance. The break of support signals that the forces of supply have overcome the forces of demand. Therefore, if the price returns to this level, there is likely to be an increase in supply, and hence resistance.
The other turn of the coin is resistance turning into support. As the price advances above resistance, it signals changes in supply and demand. The breakout above resistance proves that the forces of demand have overwhelmed the forces of supply. If the price returns to this level, there is likely to be an increase in demand and support will be found.

=Application Features :
- This application is used to calculate Strong Support and Resistance.
- Calculate support and resistance for Stock/Index with only one click
- You can Calculate Strong Intraday/Weekly/Monthly levels with this calculator.
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Additional Information:
  • Updated
  • Price$0
  • Installs 100+
  • Rated for 12+ years
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