Based on the technical indicators and recent news analysis, here's the prediction for Toyota Motor Corporation (TM) for next week:
Technical Analysis
The RSI(14) at 53.11 indicates a neutral momentum, while the MACD shows a slight bullish signal at 1.13. The stock is currently trading above its 60-day SMA of $179.45 but below its 20-day SMA of $188.93, suggesting short-term resistance.
Price Levels
News Impact Recent news indicates mixed sentiment:
Price Prediction for Next Week Based on technical and fundamental factors:
Recommendation: SELL Reasoning:
Expected price range for next week: $180.95 - $186.90, with higher probability of testing lower support levels due to bearish fundamental outlook.
The price of TM is predicted to go up 41.33%, based on the high correlation periods with XCUR. The similarity of these two price pattern on the periods is 96.55%.
TM
XCUR
Year
TM Price Forecast($)
Potential Return(%)
2025
191.000
-2.180
2026
236.000
20.870
2027
250.000
28.040
2028
250.000
28.040
2029
250.000
31.310
2030
250.000
31.310
Its popular vehicles usually allow Toyota to use fewer incentives than the Detroit Three, boosting the firm's profits and improving the resale value of vehicles.
Toyota's manufacturing process has long been considered the gold standard of the auto industry.
Significantly lower pension and retiree healthcare costs give Toyota a cost advantage over the Detroit Three, although this advantage is less than it used to be.