GARMIN LTD (GRMN) Stock Technical Analysis
NYSE:GRMN - New York Stock Exchange, Inc. - CH0114405324 - Common Stock - Currency: USD
Taking everything into account, GRMN scores 2 out of 10 in our technical rating. GRMN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
GRMN is one of the better performing stocks in the Household Durables industry, it outperforms 82% of 64 stocks in the same industry.
GRMN has an average volume of 1154300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, GRMN turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
GRMN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month GRMN has a been trading in the 169.26 - 204.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GRMN has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
157.93
220.00
When analyzing the support we can see 4 important areas.
- Support @182.66 from a trend line in the weekly time frame.
- Support @178.45 from a horizontal line in the weekly time frame.
- A support zone ranging from 173.62 to 175.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @159.53 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 198.97 to 208.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @217.82 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.9
Mansfield0.11
10 Day High204.82
10 Day Low178.74
20 Day High204.82
20 Day Low169.26
52 Week High246.5
52 Week Low158.38
Performance
1 Week-3.61%
2 Weeks0.61%
1 Month3.47%
3 Month-11.15%
6 Month-3.23%
12 Month15.55%
2 Year85.92%
3 Year81.58%
5 Year112.69%
10 Year321.68%
15 Year471.11%
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)0.72
RSI(14)45.8
LBB182.52
UBB203.8
191.78
+5 (+2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.68%
1 Week-3.61%
2 Weeks0.61%
1 Month3.47%
3 Month-11.15%
6 Month-3.23%
12 Month15.55%
2 Year85.92%
3 Year81.58%
5 Year112.69%
10 Year321.68%
15 Year471.11%
Volatility
ATR(14)6.69
ATR(20)%4.77%
ATR Inc-11.59%
Range Today4.83
ADR(20)7.87
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.9
Mansfield0.11
10 Day High204.82
10 Day Low178.74
20 Day High204.82
20 Day Low169.26
52 Week High246.5
52 Week Low158.38
CS1 End182.66
CR1 Start198.97
Volume & EV
DER(3)-0.1%
DER(5)-0.03%
Volume826.60K
Volume Incr21.51%
Vol(5)1.37M
Vol(50)1.15M