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Japanese stock market · candlestick pattern

Bullish engulfing on Toyota

On Toyota the bullish engulfing showed up 22 times. The target came first 32% of the time, the stop 68%, and 0% went nowhere within 12 candles.

Counted on Toyota Motor: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily825%75%0%
Hourly1436%64%0%

Toyota against the rest

ChartsFoundTarget firstStop firstWent nowhere
Toyota2232%68%0%
All Japanese stock market charts10138%61%1%
Every market17,56334%56%10%

Year by year

YearFoundTarget firstStop first
2020333%67%
20251233%67%
2026425%75%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the bullish engulfing is

A green body swallows the red one before it. Buyers took control.

Picture a small red fish, then a bigger green fish that swallows it whole. In a bullish engulfing pattern, the green candle's body is so big it covers the whole red body before it. After a fall, it shows buyers suddenly took over.

The full bullish engulfing lesson, video and quiz ›

Other patterns on Toyota

Inside bar · Gap up · Gap down · Stochastic bullish cross · Stochastic bearish cross · Spinning top · MACD bearish cross · Doji · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them

The bullish engulfing elsewhere

Nikkei 225 · Sony · SoftBank · Sensex · Nifty 50 · Dow Jones · S&P 500 · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the bullish engulfing work on Toyota?

In 22 cases on Toyota, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 68%; 0% went nowhere within 12 candles.

What is the bullish engulfing?

A green body swallows the red one before it. Buyers took control.