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TM Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Wednesday, August 3, 11:35 AM ET
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In trading on Wednesday, shares of Toyota Motor Corp (NYSE:TM) crossed below their 200 day moving average of $81.00, changing hands as low as $79.88 per share. Toyota Motor Corp shares are currently trading off about 1.7% on the day. The chart below shows the one year performance of TM shares, versus its 200 day moving average:

Toyota Motor Corp 200 Day Moving Average Chart

Looking at the chart above, TM's low point in its 52 week range is $67.56 per share, with $93.90 as the 52 week high point — that compares with a last trade of $79.89.

TM operates in the Auto Manufacturers sector, among companies like Thor Industries, Inc. (NYSE:THO) which is down about 8.7% today, and Navistar International Corp. (NYSE:NAV) trading lower by about 5.7%. Below is a three month price history chart comparing the stock performance of TM, versus THO and NAV.

TM,THO,NAV Relative Performance Chart


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