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Consumer Electronics Industry Stocks Technical Analysis - GRMN

Archive
- 7/17/2026 -
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Garmin Ltd. (GRMN) Technical Analysis

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Summary:
Weekly :Broken trend resistance line
Daily :MACD bearish divergence
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It was a third consecutive positive week for the Garmin Ltd. (GRMN). During the week, the GRMN gained 6.45 points, or 2.65%, and closed at 249.56 on Friday, July 17, 2026. Weekly volume was 9% above average.

Long-term trend: [See GRMN long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 76.37 and reached 273.32 on April 17, 2026. GRMN gained -196.95 points, or -257.89%, in 183 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 212.35 and resistance is at 279.17. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.

Medium-term trend: [See GRMN medium-term trend chart]
A medium-term downtrend had started on April 17, 2026 at 273.32 and reached 224.54 on May 19, 2026. GRMN lost 48.78 points, or 17.85%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (230.64) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend.

Weekly Technical Indicators: [See GRMN weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since May 15, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See GRMN short-term trend chart]
A short-term uptrend had started on May 19, 2026 at 224.54 and reached 253.49 on July 17, 2026. GRMN gained -28.95 points, or -12.89%, in 59 days. The price is now at the 13.58% retracement level.

Daily Technical Indicators: [See GRMN daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily 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.

The daily MACD line is above its signal line since June 18, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 72.76
Williams' Percentage Range (W%R) 26.50
Lane's Stochastic (%D-Slow) 64.75
Greed/Fear Indicator (GFI) 70.34
Moving Average Converg./Diverg. (MACD) 1.52 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.36
Williams' Percentage Range (W%R) 54.20
Lane's Stochastic (%D-Slow) 47.73
Greed/Fear Indicator (GFI) 46.48
Moving Average Converg./Diverg. (MACD) 4.98
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 279.17
Upper Bollinger Band 252.63
Price 249.56
Daily Stochastic Crossing 248.16
Weekly Trendline Resistance 242.35
Weekly Stochastic Crossing 241.18
Parabolic System 240.85
20 Day Moving Average 240.81
50 Day Moving Average 238.27
Lower Bollinger Band 231.66
Weekly Trendline Support 230.64
Quarterly Trendline Support 212.35
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 6
Industry Consumer Electronics 30
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 224.54
Low Date 05/19/2026
High 253.49
High Date 07/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 242.35
Support 230.64
High 273.32
High Date 04/17/2026
Low 224.54
Low Date 05/19/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 186.67
Low Date 11/20/2025
High 273.32
High Date 04/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 279.17
Support 212.35
Low 76.37
Low Date 10/13/2022
High 273.32
High Date 04/17/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 14.40
Low Date 11/21/2008
High 273.32
High Date 04/17/2026
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.