GARMIN LTD (GRMN) Technical Analysis
NYSE:GRMN • CH0114405324
Current stock price
259.39 USD
-1.41 (-0.54%)
At close:
259.39 USD
0 (0%)
After Hours:
GRMN Technical Rating and Analysis
Taking everything into account, GRMN scores 10 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, we notice that GRMN is one of the better performing stocks in the market, outperforming 82% of all stocks.
- GRMN is one of the better performing stocks in the Household Durables industry, it outperforms 88% of 60 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.
- 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 Weekly and Daily overview Charts
GRMN Setup Rating and Analysis
Besides having an excellent technical rating, GRMN also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
GRMN Support and Resistance Analysis
199.46
270.21
When analyzing the support we can see 6 important areas.
- A support zone ranging from 244.42 to 244.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 239.66 to 240.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @230.15 from a horizontal line in the weekly time frame.
- Support @225.99 from a horizontal line in the daily time frame.
- A support zone ranging from 210.96 to 212.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @201.47 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 264.35 to 267.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GRMN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GRMN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRMN is up. |
| ChartMill Relative Strength | 82.15 | POSITIVE | GRMN has a high relative strength, it outperformed 82.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRMN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRMN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRMN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.44 | NEUTRAL | The RSI value for GRMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GRMN has a negative trend. |
| Stochastics (14,3) | 70.7 | NEUTRAL | The Stochastics value for GRMN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for GRMN suggests some volalility. |
| Average Directional Index/ADX (14) | 29.17 | POSITIVE | The high ADX value value for GRMN suggests a strong trend. |
GRMN Chart- and CandleStick Pattern Analysis
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)
GRMN Technicals: Chart, Performance Metrics, Trend & Indicators
259.39
-1.41 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.54%
1 Week-3%
2 Weeks0.97%
1 Month9.88%
3 Month25.81%
6 Month3.57%
12 Month30.37%
2 Year79.55%
3 Year164.23%
5 Year89%
10 Year508.47%
15 Year657.79%
Volatility
ATR(14)5.7
ATR(20)%2.4%
ATR Inc18.15%
Range Today4.28
ADR(20)5.58
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.15
3 months CRS93.02
6 months CRS58.87
Mansfield0.68
10 Day High273.32
10 Day Low255.14
20 Day High273.32
20 Day Low225.37
52 Week High273.32
52 Week Low178.74
CS1 End244.71
CR1 Start264.35
Volume & EV
DER(3)2.04%
DER(5)0.77%
Volume761.10K
Volume Incr-18.75%
Vol(5)628.00K
Vol(50)929.01K
GARMIN LTD / GRMN TA FAQ
What is the ChartMill technical rating of GARMIN LTD (GRMN) stock?
ChartMill assigns a technical rating of 10 / 10 to GRMN.
What is the current trend direction of GARMIN LTD (GRMN) stock?
The current trend direction for GARMIN LTD (GRMN) is Bullish.
What is the RSI signal for GRMN stock?
GARMIN LTD (GRMN) has an RSI value of 58.4361. This indicates that the stock is currently neutral.
What is the MACD signal for GRMN stock?
The MACD indicator for GARMIN LTD (GRMN) has a value of -0.03848, indicating a bearish trend.
What is the buy/sell signal for GARMIN LTD (GRMN) stock?
The buy/sell signal for GARMIN LTD (GRMN) is buy as both the short term and long term trends are positive.