The Greedy Trader Weekly Analysis
Sign In Nov 6, 2026
Skip Navigation Links
Share
Number of records: 1
Symbol:  

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

Consumer Electronics Industry Stocks Technical Analysis - GRMN

Archive
- 10/30/2026 -
Sign In to see current Signals.

Garmin Ltd. (GRMN) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the Garmin Ltd. (GRMN). During the week, the GRMN dropped -21.07 points, or -7.17%, and closed at 272.67 on Friday, October 30, 2026. Weekly volume was 19% 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 314.28 on August 10, 2026. GRMN gained -237.91 points, or -311.52%, in 199 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 240.00 and resistance is at 286.00. 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 uptrend had started on November 20, 2025 at 186.67 and reached 314.28 on August 10, 2026. GRMN gained -127.61 points, or -68.36%, in 37 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 259.93 and resistance is at 344.74. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern 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 October 2, 2026. The distance between MACD and the signal line is low, but getting bigger. 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 August 10, 2026 at 314.28 and reached 262.47 on October 8, 2026. GRMN lost 51.81 points, or 16.49%, in 59 days. The chart has formed a Falling Wedge chart pattern.

Daily Technical Indicators: [See GRMN daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish 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 link to access Lane's Stochastic help.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.40
Williams' Percentage Range (W%R) 48.90
Lane's Stochastic (%D-Slow) 43.89
Greed/Fear Indicator (GFI) 49.80
Moving Average Converg./Diverg. (MACD) 0.89
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.12
Williams' Percentage Range (W%R) 39.40
Lane's Stochastic (%D-Slow) 45.03
Greed/Fear Indicator (GFI) 49.59
Moving Average Converg./Diverg. (MACD) 12.71
Trading Signals
Description Value Chart
Upper Bollinger Band 300.71
Parabolic System 296.80
Quarterly Trendline Resistance 286.00
50 Day Moving Average 282.56
20 Day Moving Average 281.74
Weekly Stochastic Crossing 278.00
Daily Stochastic Crossing 276.66
Price 272.67
Lower Bollinger Band 265.48
Monthly Trendline Support 259.93
Quarterly Trendline Support 240.00
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Consumer Electronics 59
Daily Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
High 314.28
High Date 08/10/2026
Low 262.47
Low Date 10/08/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 224.54
Low Date 05/19/2026
High 314.28
High Date 08/10/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 344.74
Support 259.93
Low 186.67
Low Date 11/20/2025
High 314.28
High Date 08/10/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 286.00
Support 240.00
Low 76.37
Low Date 10/13/2022
High 314.28
High Date 08/10/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 14.40
Low Date 11/21/2008
High 314.28
High Date 08/10/2026
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.