GARMIN LTD (GRMN)
CH0114405324 - Common Stock
We assign a technical rating of 10 out of 10 to GRMN. Both in the recent history as in the last year, GRMN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GRMN did better than 91% of all other stocks. On top of that, GRMN also shows a nice and consistent pattern of rising prices.
GRMN is one of the better performing stocks in the Household Durables industry, it outperforms 93% of 66 stocks in the same industry.
GRMN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GRMN is lagging the market slightly.
In the last month GRMN has a been trading in the 203.69 - 222.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GRMN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 209.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GRMN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
107.26
222.99
We found 6 important support areas.
- A support zone ranging from 208.98 to 209.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 205.41 to 205.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @173.13 from a trend line in the weekly time frame.
- Support @169.10 from a trend line in the daily time frame.
- A support zone ranging from 159.53 to 161.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @108.34 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 218.59 to 220.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.93
Mansfield1.57
10 Day High220.41
10 Day Low203.69
20 Day High222.97
20 Day Low203.69
52 Week High222.97
52 Week Low119.15
Performance
1 Week2.15%
2 Weeks-4.57%
1 Month-1.02%
3 Month21.08%
6 Month29.31%
12 Month63.89%
2 Year128.27%
3 Year54.71%
5 Year115.94%
10 Year298.77%
15 Year586.22%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.56
RSI(14)52.03
LBB203.56
UBB223.07
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 210.86 | 208.97 | 1.89 (0.90%) | 25.00% |
| An entry @210.86. This is a Buy Stop order right above the 10 day moving average. | An exit @208.97. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.89 points, which is 0.90%. | For a 0.22% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GRMN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GARMIN LTD
NYSE:GRMN (12/26/2024, 8:18:33 PM)
After market: 210.67 0 (0%)210.67
-0.35 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.17%
1 Week2.15%
2 Weeks-4.57%
1 Month-1.02%
3 Month21.08%
6 Month29.31%
12 Month63.89%
2 Year128.27%
3 Year54.71%
5 Year115.94%
10 Year298.77%
15 Year586.22%
Volatility
ATR(14)4.05
ATR(20)%1.77%
ATR Inc-42.79%
Range Today2.68
ADR(20)3.54
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.93
Mansfield1.57
10 Day High220.41
10 Day Low203.69
20 Day High222.97
20 Day Low203.69
52 Week High222.97
52 Week Low119.15
CS1 End209.8
CR1 Start218.59
Volume & EV
DER(3)3.07%
DER(5)2.46%
Volume838.90K
Volume Incr18.76%
Vol(5)973.64K
Vol(50)944.80K