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Consumer Electronics Industry Stocks Technical Analysis - GRMN

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- 5/15/2026 -
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Garmin Ltd. (GRMN) Technical Analysis

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Summary:
Weekly :Oversold sectorPrice is near the Fibonacci 23.6% retracement level
Daily :Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldRelative Strength Index and MACD bullish divergence
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It was the negative week for the Garmin Ltd. (GRMN). During the week, the GRMN dropped -14.34 points, or -5.97%, and closed at 225.75 on Friday, May 15, 2026. Weekly volume was -14% below average.

GRMN is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

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. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Medium-term trend: [See GRMN medium-term trend chart]
A medium-term uptrend had started on November 20, 2025 at 186.67 and reached 273.32 on April 17, 2026. GRMN gained -86.65 points, or -46.42%, in 21 weeks. The price is now at the 54.90% retracement level.

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

The weekly MACD line is above its signal line since February 13, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 April 17, 2026 at 273.32 and reached 225.68 on May 15, 2026. GRMN lost 47.64 points, or 17.43%, in 28 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 222.05 and resistance is at 238.84. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.

Daily Technical Indicators: [See GRMN daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Daily Relative Strength Index and MACD have bullish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and MACD bullish 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 daily MACD line is below its signal line since April 23, 2026. This is an indication that the short-term trend is down.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 26.74
Bullish
Williams' Percentage Range (W%R) 90.60
Strong Oversold
Lane's Stochastic (%D-Slow) 15.66
Oversold
Greed/Fear Indicator (GFI) 17.26
Oversold
Moving Average Converg./Diverg. (MACD) -2.18 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.70
Williams' Percentage Range (W%R) 57.50
Lane's Stochastic (%D-Slow) 55.82
Greed/Fear Indicator (GFI) 48.40
Moving Average Converg./Diverg. (MACD) 7.23
Trading Signals
Description Value Chart
Upper Bollinger Band 266.91
Weekly Stochastic Crossing 247.23
20 Day Moving Average 247.06
50 Day Moving Average 244.82
Parabolic System 243.95
Weekly Trendline Resistance 238.84
Daily Stochastic Crossing 227.83
Price 225.75
Weekly Trendline Support 222.05
Lower Bollinger Band 218.38
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 2
Industry Consumer Electronics 63
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 247.08
High Date 05/07/2026
Low 225.68
Low Date 05/15/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 238.84
Support 222.05
High 273.32
High Date 04/17/2026
Low 225.68
Low Date 05/15/2026
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 Uptrend
Status
Resistance
Support
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.