Structural pivots in stock market technical analysis refer to

significant turning points or reversals in the price movement of

a stock or an index. These pivots are identified based on changes
in the structure of price action, such as highs and lows, and
they are often used by traders and analysts to make decisions
about buying, selling, or holding investments.

There are several types of structural pivots:

1. **Swing Highs and Lows**: These are points where the price of
a stock temporarily peaks (high) or troughs (low) before
reversing its direction. A swing high is formed when the high of
a price bar is higher than the highs of the bars immediately
preceding and following it. Conversely, a swing low is formed
when the low of a price bar is lower than the lows of the bars
immediately preceding and following it.

2. **Trend Reversals**: Structural pivots can indicate a reversal

in the prevailing trend of a stock. For example, if a stock has
been in a downtrend and forms a higher swing low followed by a
higher swing high, it could signal a potential trend reversal
from bearish to bullish.

3. **Support and Resistance**: Pivots can also occur at key

support and resistance levels. A support level is a price level
where buying interest is sufficiently strong to overcome selling
pressure, causing the price to bounce higher. A resistance level
is a price level where selling pressure is strong enough to
prevent further price increases, causing the price to reverse
lower. When a stock breaks through a significant support or
resistance level, it can signal a structural pivot.

4. **Breakout and Breakdown**: Structural pivots can occur when a

stock breaks out above a resistance level or breaks down below a
support level. Breakouts and breakdowns are often accompanied by
high volume, indicating strong buying or selling pressure.

5. **Reversal Patterns**: Certain chart patterns, such as double

tops, double bottoms, head and shoulders, and triangles, can also
indicate structural pivots. These patterns form as a result of
shifts in supply and demand dynamics and can signal potential
reversals in the direction of the price movement.

In technical analysis, identifying structural pivots is important

for determining entry and exit points for trades, setting
stop-loss orders, and assessing the overall trend and momentum of
a stock. Traders and analysts often use a combination of price
charts, technical indicators, and volume analysis to identify and
confirm structural pivots.