TOYOTA MOTOR CORP -SPON ADR (TM) Technical Analysis
NYSE:TM • US8923313071
Current stock price
TM Technical Rating and Analysis
Taking everything into account, TM scores 1 out of 10 in our technical rating. TM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month TM has a been trading in the 208.90 - 244.24 range, which is quite wide. It is currently trading near the lows of this range.
- TM is one of the better performing stocks in the Automobiles industry, it outperforms 85% of 35 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, TM turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- TM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TM is lagging the market slightly.
TM Weekly and Daily overview Charts
TM Setup Rating and Analysis
TM has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TM Support and Resistance Analysis
188.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 209.10 to 209.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @203.53 from a trend line in the daily time frame.
- Support @190.52 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 209.12 to 210.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 221.02 to 222.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @248.29 from a horizontal line in the daily time frame.
TM Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for TM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TM is down. |
| ChartMill Relative Strength | 52.57 | NEUTRAL | TM is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of TM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.43 | OVERSOLD | The low RSI value suggests TM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.57 | NEGATIVE | The MACD value suggests TM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.2 | OVERSOLD | The low Stochastics value suggests TM may be oversold. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for TM suggests some volalility. |
| Average Directional Index/ADX (14) | 31.05 | POSITIVE | The high ADX value value for TM suggests a strong trend. |
TM Chart- and CandleStick Pattern Analysis
TM Technicals: Chart, Performance Metrics, Trend & Indicators
209.11
-3.96 (-1.86%)
TOYOTA MOTOR CORP -SPON ADR / TM TA FAQ
What is the ChartMill technical rating of TOYOTA MOTOR CORP -SPON ADR (TM) stock?
ChartMill assigns a technical rating of 1 / 10 to TM.
Can you provide the trend direction for TOYOTA MOTOR CORP -SPON ADR?
The current trend direction for TOYOTA MOTOR CORP -SPON ADR (TM) is Bearish.
What is the RSI signal for TOYOTA MOTOR CORP -SPON ADR (TM) stock?
TOYOTA MOTOR CORP -SPON ADR (TM) has an RSI value of 29.4255. This indicates that the stock is currently oversold.
What is the MACD signal for TM stock?
The MACD indicator for TOYOTA MOTOR CORP -SPON ADR (TM) has a value of -2.57124, indicating a bearish trend.
What are the support and resistance levels for TOYOTA MOTOR CORP -SPON ADR (TM) stock?
TOYOTA MOTOR CORP -SPON ADR (TM) has a support level at 209.1 and a resistance level at 209.12. Check the full technical report for our detailed analysis of TM support and resistance levels.