The free support resistance calculator can now be found here:-

free traders support and resistance calculator

Support and resistance are among the most important technical analysis elements when trading. Support is zone at which a security is likely to stop falling, at least temporarily, and resistance is a zone at which price is likely to stop rising.

Trading support and resistance are not precise lines on the chart, but as we said before, are 'zones' within which the market action intensifies. Support and resistance are basically price bands where the price will probably stop falling or rising respectively. Because of their widespread use in all financial markets, trading support and resistance are usually the best indicators for day trading.

Support and resistance levels can be applied in any timeframe, and you can often see a long term chart displaying obvious areas beyond which price seems reluctant to venture. Good though these floor traders pivots are, they pale into insignificance next to:-

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