Toyota Motor Technical Analysis | Toyota Motor Trading: 2024-11-05 | IFCM
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Toyota Motor Technical Analysis - Toyota Motor Trading: 2024-11-05

Toyota Motor Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Below 172.02

Sell Stop

Above 175.63

Stop Loss

Ara Zohrabian
Ara Zohrabian
Senior Analytical Expert
Articles2617
IndicatorSignal
RSI Neutral
MACD Sell
Donchian Channel Sell
MA(200) Sell
Fractals Neutral
Parabolic SAR 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 is retracing lower after rebounding to test the 200-period moving average MA(200) a week ago. We believe the bearish momentum will resume after the price breaches below the lower bound of Donchian channel at 172.02. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above175.63. 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 (175.63) without reaching the order (172.02), 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 is expected to report first profit drop in two years. Will the Toyota Motor stock price continue retracing lower?

Toyota Motor is expected to report its first profit drop in two years when it announces its second-quarter earnings tomorrow. The world's largest automaker is expected to report a 14% over year operating profit decline in July-September, to 1.2 trillion yen ($7.9 billion), according to the average of nine analyst estimates in a London Stock Exchange Group poll. Toyota has already said quarterly global sales shrank 4% from a year earlier and that output declined 7%. Expectations of declining Toyota quarterly profit is bearish for the company stock price. However, company’s strategy to expand its hybrid line-up in the US might make it less exposed to any reduction in EV subsidies or similar potential policy changes in the United States.

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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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