TOYOTA MOTOR CORP.
TOYOTA MOTOR CORP.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: TM
ISIN: JP3633400001

TOYOTA MOTOR CORP. - Daily - Technical analysis published on 10/18/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Bullish
De fond: Strongly bullish
Technical indicators
72%
17%
11%
My opinion
Bullish above 134.33 USD
My targets
136.37 USD (+0.31%)
138.32 USD (+1.74%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TOYOTA MOTOR CORP. as long as the price remains well above 134.33 USD. The buyers” bullish objective is set at 136.37 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 138.32 USD. If there is any crossing, the next objective would be the resistance located at 140.72 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The TOYOTA MOTOR CORP. price is 135.95 USD. On the day, this instrument lost -0.59% with the lowest point at 135.61 USD and the highest point at 136.35 USD. The deviation from the price is +0.25% for the low point and -0.29% for the high point.

135.61
136.35
135.95

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by TOYOTA MOTOR CORP.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of TOYOTA MOTOR CORP. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 123.12 126.41 134.33 135.95 136.37 138.32 140.72
Change (%) -9.44% -7.02% -1.19% - +0.31% +1.74% +3.51%
Change -12.83 -9.54 -1.62 - +0.42 +2.37 +4.77
Level Intermediate Minor Major - Intermediate Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard135.58136.09136.42136.93137.26137.77138.10
Camarilla136.53136.61136.68136.76136.84136.91136.99
Woodie135.50136.05136.34136.89137.18137.73138.02
Fibonacci136.09136.41136.61136.93137.25137.45137.77


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard126.97128.98132.21134.22137.45139.46142.69
Camarilla134.01134.49134.97135.45135.93136.41136.89
Woodie127.59129.29132.83134.53138.07139.77143.31
Fibonacci128.98130.98132.22134.22136.22137.46139.46


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard122.75126.66130.58134.49138.41142.32146.24
Camarilla132.34133.06133.77134.49135.21135.93136.64
Woodie122.75126.66130.58134.49138.41142.32146.24
Fibonacci126.66129.65131.50134.49137.48139.33142.32

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 57.01
MACD (12,26,9): 0.6000
Directional Movement: 10.83
AROON (14): 64.29
DEMA (21): 135.23
Parabolic SAR (0,02-0,02-0,2): 130.72
Elder Ray (13): 1.23
Super Trend (3,10): 132.28
Zig ZAG (10): 135.95
VORTEX (21): 0.7800
Stochastique (14,3,5): 84.76
TEMA (21): 135.02
Williams %R (14): -19.25
Chande Momentum Oscillator (20): 2.66
Repulse (5,40,3): -0.5400
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 1.33
MA7: 135.11
MA20: 134.61
MA50: 132.76
MA100: 129.47
MAexp7: 135.30
MAexp20: 134.46
MAexp50: 132.87
MAexp100: 130.15
Price / MA7: +0.62%
Price / MA20: +1.00%
Price / MA50: +2.40%
Price / MA100: +5.01%
Price / MAexp7: +0.48%
Price / MAexp20: +1.11%
Price / MAexp50: +2.32%
Price / MAexp100: +4.46%

This member declared not having a position on this financial instrument or a related financial instrument.

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