US stock / ETF

Garmin Ltd

GRMN · NYSE · USD

1 hourBearish60%
1h Downside probability 60%Bearish

GRMN 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $243.04 and stabilize above resistance $247.15.

Invalidation Trigger

Break above $247.15 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.1, MACD -0.322

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.12 (0.46%)

1h

EMA Structure

Range
EMA 8$242.07Bearish
EMA 21$243.04Bearish
EMA 50$242.99Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.1 · MACD -0.322

Momentum is weak

Strength
Bearish
Volatility
ATR $1.12 · BB 2.41%

Low volatility

Strength
Bullish
Volume
MFI 61.1 · OBV 3.64%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$240.89 - $247.15

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+2.85% · 6.2 ATR above latest close

$248.27
Nearest resistance

+2.39% · 5.2 ATR above · 34-bar high

$247.15
Current price

Price shown is delayed

$241.39
Nearest support

-0.21% · 0.4 ATR below · 34-bar low

$240.89
Deeper support zone

-0.67% · 1.4 ATR below latest close

$239.77
ATR zone

Latest close ± ATR14

$240.27 - $242.51

Indicators

Trend

Dow Theory Structure

Confirmation $242.03, invalidation $245.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

16.4 / 17.2 / 35.2Bearish
Supertrend (10,3)

Price is above Supertrend

$238.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$243.64 / $244.51Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

Low volatility

$1.12 (0.46%)Bullish
Bollinger Bands (20,2)

Width 2.41%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$245.2 / $240.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$240.27 / $242.51Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$247.15Range
Support

Nearest Downside Decision Level

$240.89Range

Momentum

RSI (14)

Momentum is weak

41.1Bearish
MACD (12,26,9)

Histogram is negative

-0.322Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.9 / 5.6Bullish
Williams %R (14)

Oversold zone

-93.1Bullish
CCI (20)

Weak expansion

-115.6Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.1Bullish
OBV slope

20-period OBV slope

3.64%Bullish
Volume ratio

Relative to 20-period average volume

4.04xBullish

Trend

Dow Theory Structure

Confirmation $242.03, invalidation $245.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

16.4 / 17.2 / 35.2Bearish
Supertrend (10,3)

Price is above Supertrend

$238.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$243.64 / $244.51Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

41.1Bearish
MACD (12,26,9)

Histogram is negative

-0.322Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.9 / 5.6Bullish
Williams %R (14)

Oversold zone

-93.1Bullish
CCI (20)

Weak expansion

-115.6Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$1.12 (0.46%)Bullish
Bollinger Bands (20,2)

Width 2.41%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$245.2 / $240.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$240.27 / $242.51Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.1Bullish
OBV slope

20-period OBV slope

3.64%Bullish
Volume ratio

Relative to 20-period average volume

4.04xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$247.15Range
Support

Nearest Downside Decision Level

$240.89Range

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