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Consumer Electronics Industry Stocks Technical Analysis - GRMNArchive
- 8/7/2026 -
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Garmin Ltd. (GRMN) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second consecutive positive week for the Garmin Ltd. (GRMN). During the week, the GRMN gained 17.11 points, or 5.82%, and closed at 310.89 on Friday, August 7, 2026. Weekly volume was 6% above average.
GRMN is a member of Consumer Discretionary Sector. Consumer Discretionary is the most overbought 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 312.70 on August 7, 2026. GRMN gained -236.33 points, or -309.45%, in 199 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (228.98) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 May 19, 2026 at 224.54 and reached 312.70 on August 7, 2026. GRMN gained -88.16 points, or -39.26%, in 11 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (236.10) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 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. 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 Williams' Percentage Range help.
The weekly MACD line is above its signal line since July 24, 2026. This is an indication that the medium-term trend is up. 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 June 26, 2026 at 228.51 and reached 312.70 on August 7, 2026. GRMN gained -84.19 points, or -36.84%, in 42 days. Price is near the trend high.
 Daily Technical Indicators: [See GRMN daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Williams' Percentage Range or strongly overbought daily Lane's Stochastic. 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. Use the following links to access Lane's Stochastic and Relative Strength Index help.
The daily MACD line is above its signal line since July 27, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term uptrend is still strong, and momentum is beginning to wane.
The distance between the Bollinger Bands is 173.13% 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.
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