The CPR indicator stands for Central Pivot Range, which is a technical analysis tool used in financial trading to identify potential levels of support and resistance in the market. It is used to pinpoint possible market support and resistance levels, and traders calculate the CPR using the previous day’s high, low, and close prices. The CPR consists of three key levels: the pivot point (PP), upper pivot range (UPR), and lower pivot range (LPR) . The CPR helps traders identify key price points and the associated trend around these price points, and today’s CPR values act as the reference for tomorrow’s trading. The CPR is a versatile and easy-to-use technical analysis indicator that can be applied to various financial instruments, such as stocks, futures, and forex, making it useful for short-term intraday trading to longer-term swing and position trading. CPR is often used with other technical indicators and analysis methods to help traders make informed trading decisions.