Based on the provided data and technical analysis, here is the prediction for Toyota Motor Corporation (TM) for the next trading week:
Technical Analysis The stock closed at $180.78 on January 17, 2025, showing a decline of 0.39%. The RSI(14) reading of 44.79 indicates the stock is in neutral territory but slightly leaning towards oversold conditions. The MACD is showing a positive value of 1.23, suggesting some bullish momentum.
Price Levels Analysis Key Fibonacci levels for TM :
News Impact Recent significant news that could impact trading:
Price Prediction Based on technical indicators and news sentiment:
Trading Recommendation: SELL Rationale:
The stock is likely to test support levels in the coming week due to bearish technical signals and fundamental concerns. Traders should consider short positions with a stop loss above $183.
The price of TM is predicted to go up 14.11%, based on the high correlation periods with XCUR. The similarity of these two price pattern on the periods is 97.79%.
TM
XCUR
Year
TM Price Forecast($)
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.