MTEXsupport & resistance
Pivot levels by timeframe
| Timeframe | S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Daily | $3.00 | $4.00 | $5.07 | $6.07 | $7.14 | $8.14 | $9.21 |
| Weekly | $3.74 | $4.13 | $4.46 | $4.85 | $5.18 | $5.57 | $5.90 |
| Monthly | $2.44 | $3.20 | $3.99 | $4.75 | $5.54 | $6.30 | $7.09 |
| Yearly | $0.3947 | $3.65 | $5.95 | $9.20 | $11.50 | $14.76 | $17.06 |
The ladder — every level vs the current price
| Price | Side | From |
|---|---|---|
| $0.3947 | support | Yearly S3 |
| $2.44 | support | Monthly S3 |
| $3.00 | support | Daily S3 |
| $3.20 | support | Monthly S2 |
| $3.65 | support | Yearly S2 |
| $3.74 | support | Weekly S3 |
| $3.80 | support | 52-week low |
| $3.99 | support | Monthly S1 |
| $4.00 | support | Daily S2 |
| $4.13 | support | Weekly S2 |
| $4.46 | support | Weekly S1 |
| $4.75 | support | Monthly Pivot |
| $4.85 | support | Weekly Pivot |
| $5.07 | support | Daily S1 |
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MTEX support & resistance FAQ
What are MTEX's support and resistance levels today?
From end-of-day data (as of 2026-08-14), MTEX's nearest computed levels bracket its $6.25 close; the tables on this page list floor-trader pivots for the daily, weekly, monthly and yearly ranges plus the 52-week extremes.
How are these levels calculated?
Classic floor-trader pivots: the pivot point is the average of the prior period’s high, low and close; support and resistance rungs are symmetric multiples around it. Each timeframe uses its own completed prior period. The 52-week high and low come straight from the price history.
Are these levels predictions?
No. Pivots are arithmetic on past prices — reference levels many traders watch, which is the only reason they matter. Nothing here is a recommendation.