Toyota Motor Technical Analysis | Toyota Motor Trading: 2023-12-28 | IFCM UK
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Toyota Motor Technical Analysis - Toyota Motor Trading: 2023-12-28

Toyota Motor Technical Analysis Summary

Neutral
SellBuy
Strong SellStrong Buy

Below 178.01

Sell Stop

Above 181

Stop Loss

Ara Zohrabian
Ara Zohrabian
Senior Analyst
Articles2785
IndicatorSignal
RSI Neutral
MACD Buy
Donchian Channel Neutral
MA(200) Sell
Fractals Sell
Parabolic SAR Sell
Fibonacci Sell

Toyota Motor Chart Analysis

Toyota Motor Chart Analysis

Toyota Motor Technical Analysis

The technical analysis of the Toyota Motor stock price chart on 4-hour timeframe shows #S-TM,H4 has reversed its retreating under the 200-period moving average MA(200) after hitting two-month low a weeks ago and is rising. We believe the bearish momentum will resume after the price breaches below the lower bound of Donchian channel at 178.01. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 181.0. After placing the order, the stop loss is to be moved every day to the next fractal high, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (181.0) without reaching the order (178.01), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - Toyota Motor

Toyota Motor vehicle production globally jumped in November. Will the Toyota Motor stock price continue rebounding?

Toyota Motor Corporation on Tuesday disclosed its global production jumped 11% in November to a record level. Output for November climbed to 926,573 vehicles. Furthermore, worldwide sales increased 14% from a year earlier when automakers globally were constrained by shortages of semiconductors. Both numbers include Toyota's Lexus luxury brand. Increases in sales were recorded in all major markets: domestic sales for the month shot 27% higher, sales in both the United States and China increased by 17%, while those in Europe climbed 15%. Rising sales are bullish for a company stock. However the current setup is bearish for #S-TM stock price.

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Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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