GARMIN LTD (GRMN)
CH0114405324 - Common Stock
Taking everything into account, GRMN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GRMN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GRMN did better than 90% of all other stocks. We also observe that the gains produced by GRMN over the past year are nicely spread over this period.
GRMN is one of the better performing stocks in the Household Durables industry, it outperforms 90% of 64 stocks in the same industry.
GRMN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
GRMN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GRMN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 212.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 210.06, a Stop Loss order could be placed below this zone.
More info and screens
106.56
215.73
4 important support areas can be observed.
- A support zone ranging from 203.59 to 210.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 165.34 to 167.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 @107.64 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 212.73 to 213.59. 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
CRS90.31
Mansfield1.98
10 Day High215.55
10 Day Low204.16
20 Day High215.55
20 Day Low163.11
52 Week High215.55
52 Week Low119.15
Performance
1 Week0.91%
2 Weeks-1.12%
1 Month29.59%
3 Month17.01%
6 Month28.4%
12 Month73.78%
2 Year126.19%
3 Year57.5%
5 Year115.3%
10 Year267.07%
15 Year603.92%
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)-0.86
RSI(14)68.38
LBB204.46
UBB215.19
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 |
|---|---|---|---|
| 213.60 | 204.15 | 9.45 (4.42%) | 22.60% |
| An entry @213.60. This is a Buy Stop order right above the resistance zone. | An exit @204.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.45 points, which is 4.42%. | For a 1.00% total portfolio risk, you can invest 22.60% of your capital in this trade. |
- 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 (11/22/2024, 5:05:00 PM)
After market: 210.33 0 (0%)210.33
+1.22 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.58%
1 Week0.91%
2 Weeks-1.12%
1 Month29.59%
3 Month17.01%
6 Month28.4%
12 Month73.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.41
ATR(20)%2.68%
ATR Inc
Range Today1.99
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High215.55
10 Day Low204.16
20 Day High215.55
20 Day Low163.11
52 Week High215.55
52 Week Low119.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume776.42K
Volume Incr-31.74%
Vol(5)771.25K
Vol(50)917.02K