US stock / ETF

Garmin Ltd

GRMN · NYSE · USD

4 hoursBullish68%
4h Upside probability 68%Bullish

GRMN 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $230.02 and reclaim $249.59.

Invalidation Trigger

Lose $230.02 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 58.1, MACD 1.072

4h
Volatility EnvironmentRange
Low volatility

ATR is $5.03 (2.06%)

4h

EMA Structure

Range
EMA 8$239.86Bullish
EMA 21$237.95Bullish
EMA 50$238.17Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.1 · MACD 1.072

Momentum is strong

Strength
Bullish
Volatility
ATR $5.03 · BB 7.01%

Low volatility

Strength
Range
Volume
MFI 43.6 · OBV -35.85%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$230.02 - $249.59

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.15% · 2.0 ATR above latest close

$254.62
Nearest resistance

+2.09% · 1.0 ATR above · 34-bar high

$249.59
Current price

Price shown is delayed

$244.48
Nearest support

-5.91% · 2.9 ATR below · 34-bar low

$230.02
Deeper support zone

-7.97% · 3.9 ATR below latest close

$224.99
ATR zone

Latest close ± ATR14

$239.45 - $249.51

Indicators

Trend

Dow Theory Structure

Confirmation $242.24, invalidation $232.76

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

11.6 / 24.7 / 16.6Bullish
Supertrend (10,3)

Price is above Supertrend

$229.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$240.31 / $237.3Bullish
Donchian Channel (20)

20-period breakout channel position

72%Bullish

Volatility

ATR (14)

Low volatility

$5.03 (2.06%)Range
Bollinger Bands (20,2)

Width 7.01%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$248.93 / $227.08Range
ATR channel lower / upper

Current Volatility Envelope

$239.45 / $249.51Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$249.59Range
Support

Nearest Downside Decision Level

$230.02Range

Momentum

RSI (14)

Momentum is strong

58.1Bullish
MACD (12,26,9)

Histogram is positive

1.072Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.5 / 74.1Bearish
Williams %R (14)

Neutral zone

-27.5Range
CCI (20)

Strong expansion

208.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.6Bearish
OBV slope

20-period OBV slope

-35.85%Bearish
Volume ratio

Relative to 20-period average volume

0.90xRange

Trend

Dow Theory Structure

Confirmation $242.24, invalidation $232.76

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

11.6 / 24.7 / 16.6Bullish
Supertrend (10,3)

Price is above Supertrend

$229.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$240.31 / $237.3Bullish
Donchian Channel (20)

20-period breakout channel position

72%Bullish

Momentum

RSI (14)

Momentum is strong

58.1Bullish
MACD (12,26,9)

Histogram is positive

1.072Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.5 / 74.1Bearish
Williams %R (14)

Neutral zone

-27.5Range
CCI (20)

Strong expansion

208.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$5.03 (2.06%)Range
Bollinger Bands (20,2)

Width 7.01%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$248.93 / $227.08Range
ATR channel lower / upper

Current Volatility Envelope

$239.45 / $249.51Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.6Bearish
OBV slope

20-period OBV slope

-35.85%Bearish
Volume ratio

Relative to 20-period average volume

0.90xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$249.59Range
Support

Nearest Downside Decision Level

$230.02Range

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