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TOYO

daily
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UPTREND
Support
$13.1
Resistance
$15.0
TOYO Toyo Co., Ltd. daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — uptrend as of May 22, 2026
TOYO Daily chart 2026-05-22 20:39:25 UTC
AI-generated analysis — not financial advice. For educational purposes only.

TOYO Daily Technical Analysis Summary

As of May 22, 2026, TOYO (Toyo Co., Ltd.) is in a uptrend state on the daily chart, with a confidence level of 74%. Key support is at $13.1 and key resistance at $15.0. Price is at $14.71 making fresh HHs after a sharp impulse leg; holding well above all key EMAs/SMAs with RSI ~$62.96 (strong but not extreme).

Price Scenarios & Targets

bullish

Bullish continuation: brief consolidation/pullback toward prior breakout area, then push to new highs (Elliott: late wave 5 extension or wave 3 of a higher degree; Fib: continuation toward 1.272–1.618 extension of the last pullback).

Price Target
$17.2
Path to target
First move
$15.5
Pullback
$13.7
Final target
$17.2

bearish

Bearish corrective swing: momentum fades near $15, price mean-reverts toward EMA50/SMA50 area (Elliott: wave 4 / ABC correction), then attempts a base for the next leg.

Price Target
$11.4
Path to target
First move
$12.8
Pullback
$14.2
Final target
$11.4

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Daily close above $15.00 with follow-through (no immediate rejection) would confirm trend continuation.

✗ Invalidation

Daily close below $12.80 (≈EMA200 $8.24 is far; $12.80 is the nearer swing/EMA20 zone break) would weaken the uptrend and signal a deeper correction.

Position Entry & Exit Levels

⊕ Add

Start $13.4 – $13.9
Add $12.4 – $12.9
Heavy $11.1 – $11.5

Buy-the-dip zones mapped to prior breakout/swing support ($13s) then EMA50/SMA50 confluence ($12s) and deeper mean-reversion to the next demand shelf near $11s if a larger ABC unfolds.

⊖ Derisk

Trim 1 $15.5 – $16.2
Trim 2 $17.0 – $18.2
Close $19.5 – $22.0

Trim into strength at likely extension/rejection areas: first above round-number $15 and recent range expansion, then Fib-extension zone $17–$18, and fully exit only if price becomes multi-year stretched vs rising long MAs (SMA200 $7.76/EMA200 $8.24).

Frequently Asked Questions

What is the daily technical outlook for TOYO today?

As of May 22, 2026, TOYO (Toyo Co., Ltd.) is in a uptrend state on the daily chart with 74% confidence. Price is at $14.71 making fresh HHs after a sharp impulse leg; holding well above all key EMAs/SMAs with RSI ~$62.96 (strong but not extreme).

What are the daily support and resistance levels for TOYO?

On the daily timeframe, TOYO has key support at $13.1 and key resistance at $15.0. The most likely scenario (bullish) targets $15.5 and $17.2, with a revert level at $13.7.

Is TOYO in an uptrend or downtrend?

TOYO (Toyo Co., Ltd.) is currently classified as uptrend on the daily chart, with 74% confidence. Confirmation requires: Daily close above $15.00 with follow-through (no immediate rejection) would confirm trend continuation. This would be invalidated by: Daily close below $12.80 (≈EMA200 $8.24 is far; $12.80 is the nearer swing/EMA20 zone break) would weaken the uptrend and signal a deeper correction.

What are the price targets for TOYO?

The most likely scenario (bullish) targets $15.5 and $17.2, with a revert level at $13.7. The alternative scenario (bearish) targets $12.8 and $11.4.

Other Timeframes for TOYO
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