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Consumer Electronics Industry Stocks Technical Analysis - GRMNArchive
- 5/8/2026 -
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Garmin Ltd. (GRMN) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Garmin Ltd. (GRMN). During the week, the GRMN gave back -2.33 points, or -0.96%, and closed at 240.09 on Friday, May 8, 2026. Weekly volume was -15% below 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 price is now at the 16.87% retracement 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. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance 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. 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 234.61 on May 5, 2026. GRMN lost 38.71 points, or 14.16%, in 18 days. The chart has formed a Falling Wedge chart pattern. The trend support level is at 229.90 and resistance is at 242.30. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a short-term trend.
 Daily Technical Indicators: [See GRMN daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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.
The daily MACD line is below its signal line since April 23, 2026. This is an indication that the short-term trend is down.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
3 |
| Industry |
Consumer Electronics |
93 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
234.61 |
| Low Date |
05/05/2026 |
| High |
247.08 |
| High Date |
05/07/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Valid |
| Resistance |
242.30 |
| Support |
229.90 |
| High |
273.32 |
| High Date |
04/17/2026 |
| Low |
234.61 |
| Low Date |
05/05/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
186.67 |
| Low Date |
11/20/2025 |
| High |
273.32 |
| High Date |
04/17/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
76.37 |
| Low Date |
10/13/2022 |
| High |
273.32 |
| High Date |
04/17/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
14.40 |
| Low Date |
11/21/2008 |
| High |
273.32 |
| High Date |
04/17/2026 |
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