Japanese stock market · price-structure setup
Gap down on Toyota
On Toyota the gap down showed up 307 times. The target came first 40% of the time, the stop 57%, and 3% went nowhere within 12 candles.
Counted on Toyota Motor: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 158 | 37% | 61% | 3% |
| Hourly | 149 | 44% | 54% | 3% |
Toyota against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Toyota | 307 | 40% | 57% | 3% |
| All Japanese stock market charts | 1,223 | 38% | 60% | 2% |
| Every market | 10,856 | 36% | 61% | 4% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 16 | 44% | 50% |
| 2017 | 15 | 27% | 73% |
| 2018 | 16 | 31% | 56% |
| 2019 | 18 | 22% | 78% |
| 2020 | 17 | 18% | 82% |
| 2021 | 12 | 33% | 67% |
| 2022 | 19 | 53% | 42% |
| 2023 | 9 | 56% | 44% |
| 2024 | 19 | 37% | 63% |
| 2025 | 98 | 41% | 56% |
| 2026 | 68 | 50% | 49% |
The last 8 times
- 16 Sep 2026, 09:00 JST · hourly · target first after 3 candles
- 10 Sep 2026, 09:00 JST · hourly · stop first after 6 candles
- 8 Sep 2026, 09:00 JST · hourly · target first after 3 candles
- 3 Sep 2026, 13:00 JST · hourly · target first after 3 candles
- 2 Sep 2026, 09:00 JST · hourly · stop first after 6 candles
- 25 Aug 2026, 09:00 JST · hourly · went nowhere
- 3 Aug 2026, 09:00 JST · hourly · stop first after 3 candles
- 31 Jul 2026 · daily · target first after 1 candle
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 gap down is
Price opened below the previous candle's low. It jumped down between the two candles.
Imagine a shop that shuts at night. While it is closed, bad news spreads about a toy, so when the shop opens, the very first price is already below anything paid the day before. On a chart, a candle that starts below the bottom of the candle before it is called a gap down.
The full gap down lesson, video and quiz ›
Other patterns on Toyota
Inside bar · Gap up · Stochastic bullish cross · Stochastic bearish cross · Spinning top · MACD bearish cross · Doji · EMA 9/21 bearish cross · EMA 9/21 bullish cross · MACD bullish cross · all of them
The gap down elsewhere
Nikkei 225 · Sony · SoftBank · Sensex · Nifty 50 · Dow Jones · S&P 500
Questions
How often does the gap down work on Toyota?
In 307 cases on Toyota, the target (1.5 × ATR) came before the stop (1 × ATR) 40% of the time and the stop came first 57%; 3% went nowhere within 12 candles.
What is the gap down?
Price opened below the previous candle's low. It jumped down between the two candles.