GRMN Breaks Out at $205.51 as Moving Averages Align
BullishGarmin Ltd (GRMN) closed up 0.25% at $205.51 on December 27.
Technical indicators paint a bullish picture:
Moving Averages
Price trades above the 9-day EMA ($204.39) with a bullish stack. The 21-day EMA at $203.77 provides support.
Momentum
RSI at 62.3 is in neutral territory but trending higher. MACD is bullish (-0.86 vs signal -1.88).
Volatility
Bollinger Band width at 8.0% indicates low volatility.
Key levels to watch: Support at $195.13, Resistance at $211.44.