Toyota Motor Shares Enter Oversold Territory as RSI Hits 28.0

Apr 24, 2026 21:00 UTC

TM, SPY

Short term

Technical indicators suggest Toyota Motor Corp (TM) may be reaching a price floor after a significant decline. The stock's Relative Strength Index (RSI) has dropped to levels typically associated with buying opportunities.

RSI reading of 28.0 indicates oversold conditions
Shares hit 52-week low of $156.73
Last trade recorded at $160.12
52-week high stands at $248.47
Comparison to SPY RSI of 24.8

Toyota Motor Corp (TM) has seen its shares enter oversold territory, signaling a potential exhaustion of recent selling pressure. This technical shift comes as the stock tests the lower end of its annual range, providing a potential entry point for contrarian investors focusing on relative strength. Shares recently touched a low of $156.73, which marks the 52-week low for the automotive giant. The current Relative Strength Index (RSI) stands at 28.0, a level that often precedes a price rebound in technical trading strategies. For further context, the stock's 52-week high was $248.47, and it was last traded at $160.12. While the broader market, represented by the S&P 500 ETF (SPY), is also showing oversold characteristics with an RSI of 24.8, TM's specific technical setup suggests it may be primed for a recovery if support holds at the $156 level. Traders typically view these RSI readings as a sign that the asset has been undervalued in the short term due to aggressive selling.