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Consumer Electronics Industry Stocks Technical Analysis - GRMN

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- 7/31/2026 -
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Garmin Ltd. (GRMN) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is overboughtWeekly  MACD line has moved above its signal line
Daily :Williams' Percentage Range is overboughtDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price is above the upper Bollinger Band
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It was a first positive week for the Garmin Ltd. (GRMN). During the week, the GRMN gained 50.75 points, or 20.88%, and closed at 293.78 on Friday, July 31, 2026. Weekly volume was 95% above average.

GRMN is a member of Consumer Discretionary Sector. Consumer Discretionary is the second 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 304.00 on July 29, 2026. GRMN gained -227.63 points, or -298.06%, in 197 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (228.04) 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 304.00 on July 29, 2026. GRMN gained -79.46 points, or -35.39%, in 10 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (235.11) 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 overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 304.00 on July 29, 2026. GRMN gained -75.49 points, or -33.04%, in 33 days. The price is now at the 13.54% retracement level.

Daily Technical Indicators: [See GRMN daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range.

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

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 77.04
Williams' Percentage Range (W%R) 12.20
Overbought
Lane's Stochastic (%D-Slow) 78.03
Greed/Fear Indicator (GFI) 80.95
Overbought
Moving Average Converg./Diverg. (MACD) 5.04
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.33
Williams' Percentage Range (W%R) 10.50
Overbought
Lane's Stochastic (%D-Slow) 65.57
Greed/Fear Indicator (GFI) 72.60
Moving Average Converg./Diverg. (MACD) 4.88
Trading Signals
Description Value Chart
Daily Stochastic Crossing 296.17
Price 293.78
Upper Bollinger Band 293.20
Weekly Stochastic Crossing 284.00
Quarterly Trendline Resistance 280.09
Weekly Trendline Resistance 255.46
20 Day Moving Average 251.99
Parabolic System 243.42
50 Day Moving Average 242.98
Weekly Trendline Support 235.11
Lower Bollinger Band 218.64
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 8
Industry Consumer Electronics 104
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 228.51
Low Date 06/26/2026
High 304.00
High Date 07/29/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 255.46
Support 235.11
Low 224.54
Low Date 05/19/2026
High 304.00
High Date 07/29/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 186.67
Low Date 11/20/2025
High 304.00
High Date 07/29/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Resistance
Resistance 280.09
Support 228.04
Low 76.37
Low Date 10/13/2022
High 304.00
High Date 07/29/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 14.40
Low Date 11/21/2008
High 304.00
High Date 07/29/2026
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.