Central Pivot Range (CPR)

The Central Pivot Range, or CPR, is a band made of three lines: the central pivot, the top central (TC), and the bottom central (BC). All three are derived from the previous session's high, low, and close, so the CPR represents the completed session's central value or balance zone.

Traders read the CPR in two ways. The width summarizes how broad or compressed the prior session's value was, where a narrow CPR is often associated with potential trend days and a wide CPR with rangier conditions. The live price position relative to the band asks whether price is accepting value above TC, balancing inside, or rejecting below BC.

CPR width is context, not a forecast. Narrow, normal, and wide readings still need current-session confirmation, and the band weakens when data is stale or a higher timeframe contradicts it.