US stock / ETF

Garmin Ltd

GRMN · NYSE · USD

1 dayBearish54%
Daily Downside probability 54%Bearish

GRMN 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $236.74 and stabilize above resistance $246.65.

Invalidation Trigger

Break above $246.65 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 49.0, MACD 0.109

Daily
Volatility EnvironmentRange
Low volatility

ATR is $5.06 (2.14%)

Daily

EMA Structure

Bearish
EMA 8$235.52Bullish
EMA 21$236.74Bearish
EMA 50$238.5Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.0 · MACD 0.109

Neutral zone

Strength
Range
Volatility
ATR $5.06 · BB 4.28%

Low volatility

Strength
Range
Volume
MFI 54.9 · OBV -5.58%

Relative to 20-period average volume

Strength
Range
Price Levels
$225 - $246.65

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.36% · 3.0 ATR above latest close

$251.71
Nearest resistance

+4.22% · 2.0 ATR above · 34-bar high

$246.65
Current price

Price shown is delayed

$236.65
Nearest support

-4.92% · 2.3 ATR below · 34-bar low

$225
Deeper support zone

-7.06% · 3.3 ATR below latest close

$219.94
ATR zone

Latest close ± ATR14

$231.59 - $241.71

Indicators

Trend

Dow Theory Structure

Confirmation $242.24, invalidation $231.04

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

14.4 / 16.3 / 21.2Bearish
Supertrend (10,3)

Price is above Supertrend

$219.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$235.28 / $249.16Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

Low volatility

$5.06 (2.14%)Range
Bollinger Bands (20,2)

Width 4.28%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$246.77 / $226.49Range
ATR channel lower / upper

Current Volatility Envelope

$231.59 / $241.71Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$246.65Range
Support

Nearest Downside Decision Level

$225Range

Momentum

RSI (14)

Neutral zone

49.0Range
MACD (12,26,9)

Histogram is positive

0.109Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.6 / 34.8Bullish
Williams %R (14)

Neutral zone

-52.4Range
CCI (20)

Balanced zone

-50.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.9Range
OBV slope

20-period OBV slope

-5.58%Bearish
Volume ratio

Relative to 20-period average volume

2.22xBullish

Trend

Dow Theory Structure

Confirmation $242.24, invalidation $231.04

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

14.4 / 16.3 / 21.2Bearish
Supertrend (10,3)

Price is above Supertrend

$219.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$235.28 / $249.16Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

49.0Range
MACD (12,26,9)

Histogram is positive

0.109Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.6 / 34.8Bullish
Williams %R (14)

Neutral zone

-52.4Range
CCI (20)

Balanced zone

-50.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$5.06 (2.14%)Range
Bollinger Bands (20,2)

Width 4.28%

49%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$246.77 / $226.49Range
ATR channel lower / upper

Current Volatility Envelope

$231.59 / $241.71Range

Volume / Money Flow

MFI (14)

Money flow is neutral

54.9Range
OBV slope

20-period OBV slope

-5.58%Bearish
Volume ratio

Relative to 20-period average volume

2.22xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$246.65Range
Support

Nearest Downside Decision Level

$225Range

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