RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TM
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Red day on Wednesday for Toyota Motor Corp Ltd Ord stock after losing 0.619%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Feb 01, 2024 Gain 24.72% PDF

The Toyota Motor Corp Ltd Ord stock price fell by -0.619% on the last day (Wednesday, 27th Mar 2024) from $253.72 to $252.15. During the last trading day the stock fluctuated 1.55% from a day low at $250.33 to a day high of $254.20. The price has risen in 7 of the last 10 days and is up by 8.3% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -18 thousand shares and in total, 197 thousand shares were bought and sold for approximately $49.57 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 41.43% during the next 3 months and, with a 90% probability hold a price between $342.46 and $365.59 at the end of this 3-month period.

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TM Signals & Forecast

The Toyota Motor Corp Ltd Ord stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $250.80 and $238.23. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 22, 2024, and so far it has fallen -1.03%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Toyota Motor Corp Ltd Ord stock

On the downside, the stock finds support just below today's level from accumulated volume at $231.00 and $223.05. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Toyota Motor Corp Ltd Ord finds support just below today's level at $231.00. If this is broken, then the next support from accumulated volume will be at $223.05 and $218.86.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.87 between high and low, or 1.55%. For the last week, the stock has had daily average volatility of 0.86%.

Our recommended stop-loss: $241.38 (-4.27%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (TM) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Toyota Motor Corp Ltd Ord to open at $252.23, and during the day (based on 14 day Average True Range), to move between $247.98 and $256.32, which gives a possible trading interval of +/-$4.17 (+/-1.65%) up or down from last closing price. If Toyota Motor Corp Ltd Ord takes out the full calculated possible swing range there will be an estimated 3.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $252.40 (0.10%) than the support at $231.00 (8.39%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Toyota Motor Corp Ltd Ord stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Toyota Motor Corp Ltd Ord stock to perform well in the short-term.

Current score: 3.306 Buy Candidate Unchanged

Predicted Opening Price for Toyota Motor Corp Ltd Ord of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$252.23 ( 0.0304%) $252.15

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 256.10 1.57 %
R2 254.62 0.98 %
R1 253.71 0.617 %
Current price: 252.15
Support S1 250.75 -0.556 %
S2 249.84 -0.92 %
S3 248.36 -1.50 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 254.77 1.04 %
R2 253.72 0.623 %
R1 252.40 0.0991 %
Current price 252.15
Support S1 231.00 -8.39%
S2 223.05 -11.54%
S3 218.86 -13.20%

TM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 06, 2023 Sep 28, 2023 Dec 04, 2023 $2.00 1.07%
2 Mar 06, 2023 Mar 30, 2023 Jun 06, 2023 $2.50 1.68%
3 Sep 13, 2022 Sep 29, 2022 Dec 07, 2022 $1.76 1.24%
4 Mar 08, 2022 Mar 30, 2022 Jun 06, 2022 $2.20 1.33%
5 Sep 29, 2021 Sep 29, 2021 Dec 06, 2021 $2.10 1.14%

FAQ

What is the symbol for Toyota Motor Corp Ltd Ord Stock and on which exchange is it traded?
The symbol for Toyota Motor Corp Ltd Ord is TM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Toyota Motor Corp Ltd Ord Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Toyota Motor Corp Ltd Ord stock to perform well in the short-term.

How to buy Toyota Motor Corp Ltd Ord Stock?
Toyota Motor Corp Ltd Ord Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Toyota Motor Corp Ltd Ord Stock.

What's the current price of Toyota Motor Corp Ltd Ord Stock?
As of the end of day on the 2024-03-27, the price of an Toyota Motor Corp Ltd Ord (TM) share was $252.15.

What is the 52-week high and low for Toyota Motor Corp Ltd Ord Stock?
The 52-week high for Toyota Motor Corp Ltd Ord Stock is $255.23 and the 52-week low is $133.02.

What is the market capitalization of Toyota Motor Corp Ltd Ord Stock?
As of the 2024-03-27, the market capitalization of Toyota Motor Corp Ltd Ord is 342.163B.

When is the next earnings date for Toyota Motor Corp Ltd Ord?
The upcoming earnings date for Toyota Motor Corp Ltd Ord is May 08, 2024.
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About Toyota Motor Corp Ltd Ord

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names. It also provides min... TM Profile

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