The Greedy Trader Weekly Analysis
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Consumer Electronics Industry Stocks Technical Analysis - GRMN

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- 8/21/2026 -
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Garmin Ltd. (GRMN) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is overboughtStochastic has declined below the signal lineBroken trend resistance linePrice is near the Fibonacci 23.6% retracement level
Daily :Stochastic signal line moved below overbought areaDaily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARLane's Stochastic is oversoldPrice is near the Fibonacci 23.6% retracement level
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It was the negative week for the Garmin Ltd. (GRMN). During the week, the GRMN dropped -15.35 points, or -4.95%, and closed at 294.85 on Friday, August 21, 2026. It was the worst weekly loss since May 1, 2026. GRMN was trading at average weekly trading volume.

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 uptrend resistance line (230.84) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 314.28 on August 10, 2026. GRMN gained -89.74 points, or -39.97%, in 11 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See GRMN weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). 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.

The weekly MACD line is above its signal line since July 24, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 314.28 on August 10, 2026. GRMN gained -85.77 points, or -37.53%, in 45 days. Price is near the Fibonacci 23.6% retracement level.

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 signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.17
Williams' Percentage Range (W%R) 26.70
Lane's Stochastic (%D-Slow) 15.94
Oversold
Greed/Fear Indicator (GFI) 42.80
Moving Average Converg./Diverg. (MACD) 14.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 74.86
Williams' Percentage Range (W%R) 22.10
Lane's Stochastic (%D-Slow) 82.22
Overbought
Greed/Fear Indicator (GFI) 74.04
Moving Average Converg./Diverg. (MACD) 8.95
Trading Signals
Description Value Chart
Upper Bollinger Band 327.53
Parabolic System 311.17
Weekly Stochastic Crossing 304.59
20 Day Moving Average 297.66
Price 294.85
Daily Stochastic Crossing 292.88
Quarterly Trendline Resistance 281.47
50 Day Moving Average 263.12
Lower Bollinger Band 256.01
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 3
Industry Consumer Electronics 111
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 228.51
Low Date 06/26/2026
High 314.28
High Date 08/10/2026
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 Uptrend
Status
Resistance
Support
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 Broken Resistance
Resistance 281.47
Support 230.84
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.