Toyota Motor Technical Analysis | Toyota Motor Trading: 2022-09-23 | IFCM Turkey
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Toyota Motor Technical Analysis - Toyota Motor Trading: 2022-09-23

Toyota Motor Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Below 137.48

Sell Stop

Above 145.79

Stop Loss

Ara Zohrabian
Senior Analytical Expert
Articles 2476
IndicatorSignal
RSI Neutral
MACD Buy
Donchian Channel Neutral
MA(200) Sell
Fractals Sell
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 daily timeframe shows #S-TM, Daily continues falling after reverting back below the 200-day moving average MA(200) five months ago. We believe the bearish momentum will continue after the price breaches below the lower boundary of the Donchian channel at 137.48. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above the upper boundary of the Donchian channel at 145.79. 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 (145.79) without reaching the order (137.48), 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 announced it plans to produce in October 100,000 vehicles short of its worldwide average monthly production plan, due to semiconductor shortages. Will the Toyota Motor stock price continue retreating?

Toyota Motor Corporation on Thursday said it plans to produce about 800,000 vehicles worldwide in October. Last month the automaker giant said it aimed to produce about 900,000 vehicles per month on average from September through November. The company said it now expects to produce about 850,000 vehicles per month on average from October to December. Lower production expectations are bearish for a stock price.

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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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