TOYOTA MOTOR CORP -SPON ADR (TM) Stock Technical Analysis
NYSE:TM - New York Stock Exchange, Inc. - US8923313071 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to TM. TM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than TM.
TM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
TM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
TM is part of the Automobiles industry. There are 37 other stocks in this industry, TM did better than 41% of them.
TM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 169.15, a Stop Loss order could be placed below this zone.
More info and screens
157.03
201.52
We found 2 important support areas.
- A support zone ranging from 168.46 to 169.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 158.62 to 158.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 190.10 to 192.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 195.35 to 195.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @199.52 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TM is down. |
| ChartMill Relative Strength | 15.07 | NEGATIVE | TM has a low relative strength, it was outperformed by 84.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.14 | NEUTRAL | The RSI value for TM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TM has a positive trend. |
| Stochastics (14,3) | 32.89 | NEUTRAL | The Stochastics value for TM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.7 | LOW VOLATILITY | The low ATR as a percentage value for TM suggests low volalility. |
| Average Directional Index/ADX (14) | 19.63 | NEGATIVE | The low ADX value for TM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
170.26
-0.13 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.08%
1 Week-2.65%
2 Weeks-0.22%
1 Month-6.76%
3 Month0.5%
6 Month-7.2%
12 Month-17.98%
2 Year1.2%
3 Year4.72%
5 Year42.67%
10 Year27.57%
15 Year142.43%
Volatility
ATR(14)2.83
ATR(20)%1.7%
ATR Inc-65.43%
Range Today0.81
ADR(20)1.61
ADR(20)%0.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.07
Mansfield-1.28
10 Day High176.72
10 Day Low167.18
20 Day High182.4
20 Day Low167.18
52 Week High208.21
52 Week Low155
CS1 End169.15
CR1 Start190.1
Volume & EV
DER(3)0.51%
DER(5)0.35%
Volume262.30K
Volume Incr20.51%
Vol(5)548.98K
Vol(50)431.63K