The Greedy Trader Weekly Analysis
Sign In Mar 22, 2024
Skip Navigation Links
TA Search
Daily %D-Slow Divergence:Bullish
Number of records: 5
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Lane's Stochastic (%D-Slow)

The Lane's Stochastic indicator developed by George Lane is one of the most useful and widely used momentum oscillators in technical analysis. Lane's Stochastic oscillator uses four indicators to combine relative strength with moving average methods. %K is an un-smoothed RSI. %D is a moving average of %K (fast stochastic). %D-Slow is a longer term moving average of %K, and finally %D-Slow (slow stochastic) Moving Avg. is another moving average. Like other overbought oversold oscillators, they are normalized within a scale of 0 to 100. Buy/sell signals are generated by %D stochastic crossover with its moving average above 80%, for overvalued, or below 20%, for undervalued stocks. The divergence between price and indicator is the most important buy/sell stocks trading signal. Lane's Stochastic bullish divergence/bearish divergence should be considered together with other stock market trading alerts, trading indicator and technical trading techniques.

Advanced TA Search

Archive
- 3/15/2024 -
Sign In to see current Signals.

Garmin Ltd. (GRMN) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is strongly overboughtRelative Strength Index, Lane's Stochastic and MACD bearish divergenceBroken trend resistance line
Daily :Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overboughtThe period of high volatility of the stock price
Move cursor over the icon to see details.

It was a fourth consecutive positive week for the Garmin Ltd. (GRMN). During the week, the GRMN gained 3.81 points, or 2.68%, and closed at 145.75 on Friday, March 15, 2024. Weekly volume was 90% above average.

Long-term trend: [See GRMN long-term trend chart]
A long-term downtrend had started on August 31, 2021 at 178.81 and reached 76.37 on October 13, 2022. GRMN lost 102.44 points, or 57.29%, in 58 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (108.08) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. GRMN may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See GRMN medium-term trend chart]
A medium-term uptrend had started on October 27, 2023 at 99.62 and reached 149.42 on March 13, 2024. GRMN gained -49.80 points, or -49.99%, in 19 weeks. The price is now at the 7.37% retracement level.

Weekly Technical Indicators: [See GRMN weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since February 16, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See GRMN short-term trend chart]
A short-term downtrend had started on March 13, 2024 at 149.42 and reached 145.32 on March 15, 2024. GRMN lost 4.10 points, or 2.74%, in 2 days. The price is now at the 10.49% retracement level.

Daily Technical Indicators: [See GRMN daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic.

The daily MACD line is above its signal line since February 13, 2024.

The distance between the Bollinger Bands is 140.10% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 80.49
Overbought
Williams' Percentage Range (W%R) 12.80
Overbought
Lane's Stochastic (%D-Slow) 86.08
Overbought
Greed/Fear Indicator (GFI) 84.59
Overbought
Moving Average Converg./Diverg. (MACD) 4.90
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.61
Bearish
Williams' Percentage Range (W%R) 7.20
Strong Overbought
Lane's Stochastic (%D-Slow) 75.51
Bearish
Greed/Fear Indicator (GFI) 77.27
Moving Average Converg./Diverg. (MACD) 5.88 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 153.07
Daily Stochastic Crossing 147.83
Price 145.75
Weekly Stochastic Crossing 144.89
Parabolic System 143.88
20 Day Moving Average 138.43
50 Day Moving Average 129.29
Lower Bollinger Band 124.78
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Consumer Electronics 109
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 149.42
High Date 03/13/2024
Low 145.32
Low Date 03/15/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 119.15
Low Date 02/01/2024
High 149.42
High Date 03/13/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 99.62
Low Date 10/27/2023
High 149.42
High Date 03/13/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 76.37
Low Date 10/13/2022
High 149.42
High Date 03/13/2024
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 95.52
Support 108.08
High 178.81
High Date 08/31/2021
Low 76.37
Low Date 10/13/2022
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.