GARMIN LTD.
GARMIN LTD.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: GRMN
ISIN: CH0114405324

GARMIN LTD. - Daily - Technical analysis published on 07/08/2019 (GMT)

  • Who voted?
  • 243
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Court terme: Neutral
De fond: Neutral
Technical indicators
22%
33%
44%
My opinion
Neutral between 76.38 USD and 81.74 USD
My targets
-
My analysis
The short-term and basic trend is neutral. In this situation, the price of GARMIN LTD. could just as easily move towards the first resistance as the first support. No statistical advantage is given for one of these levels to be achieved before the other. It will be necessary to create a new automated analysis when the conditions have progressed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below. The first resistance is located at 81.74 USD. The first support is located at 76.38 USD.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

GARMIN LTD. rating 79.75 USD. On the day, this instrument lost -1.01% and was between 78.51 USD and 80.48 USD. This implies that the price is at +1.58% from its lowest and at -0.91% from its highest.

78.51
80.48
79.75

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GARMIN LTD.:

Technical


Technical analysis of GARMIN LTD. in Daily shows a neutral overall trend. This indecision is confirmed by the neutral signals currently given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 61.46 68.57 76.38 79.75 81.74 84.70 86.94
Change (%) -22.93% -14.02% -4.23% - +2.50% +6.21% +9.02%
Change -18.29 -11.18 -3.37 - +1.99 +4.95 +7.19
Level Major Minor Major - Major Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard79.2979.5580.0580.3180.8181.0781.57
Camarilla80.3580.4280.4980.5680.6380.7080.77
Woodie79.4279.6180.1880.3780.9481.1381.70
Fibonacci79.5579.8480.0280.3180.6080.7881.07


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard76.6878.0778.9480.3381.2082.5983.46
Camarilla79.1879.3979.5979.8080.0180.2180.42
Woodie76.4177.9478.6780.2080.9382.4683.19
Fibonacci78.0778.9479.4780.3381.2081.7382.59

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 49.04
MACD (12,26,9): 0.2600
Directional Movement: 0.03
AROON (14): -71.43
DEMA (21): 80.28
Parabolic SAR (0,02-0,02-0,2): 81.94
Elder Ray (13): -0.63
Super Trend (3,10): 78.16
Zig ZAG (10): 79.75
VORTEX (21): 0.9900
Stochastique (14,3,5): 33.77
TEMA (21): 80.73
Williams %R (14): -70.69
Chande Momentum Oscillator (20): -1.10
Repulse (5,40,3): 0.7200
ROCnROLL: -1
TRIX (15,9): 0.0700
Courbe Coppock: 0.92
MA7: 80.08
MA20: 80.25
MA50: 79.23
MA100: 81.25
MAexp7: 80.14
MAexp20: 79.95
MAexp50: 79.84
MAexp100: 78.48
Price / MA7: -0.41%
Price / MA20: -0.62%
Price / MA50: +0.66%
Price / MA100: -1.85%
Price / MAexp7: -0.49%
Price / MAexp20: -0.25%
Price / MAexp50: -0.11%
Price / MAexp100: +1.62%

News


The latest news and videos published on GARMIN LTD. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
14130
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis GARMIN LTD. - Daily