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Markets › Toyota › Gap up

Japanese stock market · price-structure setup

Gap up on Toyota

On Toyota the gap up showed up 332 times. The target came first 43% of the time, the stop 56%, and 2% 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
Daily14145%52%3%
Hourly19141%59%1%

Toyota against the rest

ChartsFoundTarget firstStop firstWent nowhere
Toyota33243%56%2%
All Japanese stock market charts1,38543%54%3%
Every market12,76840%54%6%

Year by year

YearFoundTarget firstStop first
20161464%36%
20171338%54%
20181127%73%
20191145%45%
20201030%60%
20211547%53%
20221457%36%
20231669%31%
20242133%67%
202512939%60%
20267844%56%

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 gap up is

Price opened above the previous candle's high. It jumped up between the two candles.

Imagine a shop that shuts at night. While it is closed, everyone hears great news about a toy, so when the shop opens, the very first price is already above anything paid the day before. On a chart, a candle that starts above the top of the candle before it is called a gap up.

The full gap up lesson, video and quiz ›

Other patterns on Toyota

Inside bar · Gap down · 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 up elsewhere

Nikkei 225 · Sony · SoftBank · Sensex · Nifty 50 · Dow Jones · S&P 500

Questions

How often does the gap up work on Toyota?

In 332 cases on Toyota, the target (1.5 × ATR) came before the stop (1 × ATR) 43% of the time and the stop came first 56%; 2% went nowhere within 12 candles.

What is the gap up?

Price opened above the previous candle's high. It jumped up between the two candles.