Trading Class

Markets › Toyota › Volume profile rejection

Japanese stock market · indicator signal

Volume profile rejection on Toyota

On Toyota the volume profile rejection showed up 113 times. The target came first 32% of the time, the stop 60%, and 8% 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
Daily7932%58%10%
Hourly3432%65%3%

Toyota against the rest

ChartsFoundTarget firstStop firstWent nowhere
Toyota11332%60%8%
All Japanese stock market charts30434%62%4%
Every market63,35937%56%7%

Year by year

YearFoundTarget firstStop first
2016425%75%
2017617%67%
20181040%50%
2019850%25%
2020650%33%
2021862%25%
2022425%75%
2023540%60%
20241429%57%
20252722%78%
20262124%71%

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 volume profile rejection is

Price rose back to the price where the most trading happened, and turned down.

Imagine walking back up to the busiest stall on a market street, only to find a crowd blocking the way, so you turn back. A volume profile rejection is when price rises back to or near the point of control, the price with the most trading, and gets pushed down again.

The full volume profile rejection 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 volume profile rejection elsewhere

Sony · SoftBank · Dow Jones · S&P 500 · Gold · Silver · Ethereum · Bitcoin

Questions

How often does the volume profile rejection work on Toyota?

In 113 cases on Toyota, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 60%; 8% went nowhere within 12 candles.

What is the volume profile rejection?

Price rose back to the price where the most trading happened, and turned down.