POC (point of control)
The price level where the most trading took place in the volume profile; the price the market considered "fair" in that period, acting as a magnet and as support/resistance.
The previous day's POC and the "naked POC" (a POC not retested since) are watched as intraday targets and reaction levels. Price moving away from the POC and coming back is the logic of mean reversion.
The POC is read together with the value area (VAH/VAL); if price is accepted outside the value area, a new value zone forms.
Related terms
Where it appears in the guides
Guides whose text uses this term; most frequent first.