US stock / ETF

Garmin Ltd

GRMN · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

GRMN 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $286.19 and stabilize above resistance $297.

Invalidation Trigger

Break above $297 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.9, MACD -1.470

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.23 (1.15%)

4h

EMA Structure

Range
EMA 8$284.37Bearish
EMA 21$286.19Bearish
EMA 50$285.07Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.9 · MACD -1.470

Momentum is weak

Strength
Bearish
Volatility
ATR $3.23 · BB 6.27%

Low volatility

Strength
Bullish
Volume
MFI 35.8 · OBV -73.47%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$270.93 - $297

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.78% · 5.9 ATR above latest close

$300.23
Nearest resistance

+5.63% · 4.9 ATR above · 34-bar high

$297
Current price

Price shown is delayed

$281.16
Nearest support

-3.64% · 3.2 ATR below · 34-bar low

$270.93
Deeper support zone

-4.79% · 4.2 ATR below latest close

$267.7
ATR zone

Latest close ± ATR14

$277.93 - $284.39

Indicators

Trend

Dow Theory Structure

Confirmation $285, invalidation $293

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

Trend strength is active

30.9 / 12.8 / 40.3Bearish
Supertrend (10,3)

Price is above Supertrend

$273.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$285.97 / $283.5Bearish
Donchian Channel (20)

20-period breakout channel position

3%Range

Volatility

ATR (14)

Low volatility

$3.23 (1.15%)Bullish
Bollinger Bands (20,2)

Width 6.27%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$291.14 / $281.24Bullish
ATR channel lower / upper

Current Volatility Envelope

$277.93 / $284.39Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$297Range
Support

Nearest Downside Decision Level

$270.93Range

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is negative

-1.470Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.2 / 6.7Bearish
Williams %R (14)

Oversold zone

-96.8Bullish
CCI (20)

Weak expansion

-149.7Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.8Bearish
OBV slope

20-period OBV slope

-73.47%Bearish
Volume ratio

Relative to 20-period average volume

1.59xBullish

Trend

Dow Theory Structure

Confirmation $285, invalidation $293

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

Trend strength is active

30.9 / 12.8 / 40.3Bearish
Supertrend (10,3)

Price is above Supertrend

$273.74Bullish
Ichimoku Cloud

Cloud Span A / Span B

$285.97 / $283.5Bearish
Donchian Channel (20)

20-period breakout channel position

3%Range

Momentum

RSI (14)

Momentum is weak

39.9Bearish
MACD (12,26,9)

Histogram is negative

-1.470Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.2 / 6.7Bearish
Williams %R (14)

Oversold zone

-96.8Bullish
CCI (20)

Weak expansion

-149.7Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$3.23 (1.15%)Bullish
Bollinger Bands (20,2)

Width 6.27%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$291.14 / $281.24Bullish
ATR channel lower / upper

Current Volatility Envelope

$277.93 / $284.39Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.8Bearish
OBV slope

20-period OBV slope

-73.47%Bearish
Volume ratio

Relative to 20-period average volume

1.59xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$297Range
Support

Nearest Downside Decision Level

$270.93Range

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