Pivot range

What is pivot range support resistance ?

Take K REIT rights
22 nov
Low 0.12
High 0.19
Close 0.18


Pivot price
High + low + close
= (0.019+0.012) /2
= 0.0155 round off 0.015

2nd number
High + low + close
= (0.019+0.012+0.018)/3
= 0.0163( round off 0.016 )

Difference = 0.001

So pp+diff = resistance
Pp- diff = support
0.014support ,
0.016 resistance