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Archive
- 3/21/2025 -
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Garmin Ltd. (GRMN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Garmin Ltd. (GRMN). During the week, the GRMN dropped -3.70 points, or -1.73%, and closed at 210.20 on Friday, March 21, 2025. Weekly volume was 140% above 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 27, 2023 at 99.62 and reached 246.50 on February 19, 2025. GRMN gained -146.88 points, or -147.44%, in 68 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (214.68) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. GRMN may retest the broken support line. It is considered to be a resistance line now. 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 support in a long-term trend.
 Medium-term trend: [See GRMN medium-term trend chart]
A medium-term uptrend had started on February 12, 2025 at 201.60 and reached 246.50 on February 19, 2025. GRMN gained -44.90 points, or -22.27%, in 1 weeks. The chart has formed a Falling Wedge chart pattern. The uptrend resistance line (201.25) 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 medium-term trend.
 Weekly Technical Indicators: [See GRMN weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since February 28, 2025. 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 February 19, 2025 at 246.50 and reached 204.60 on March 21, 2025. GRMN lost 41.90 points, or 17.00%, in 30 days. The chart has formed a Falling Wedge chart pattern.
 Daily Technical Indicators: [See GRMN daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Daily MACD has bullish 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 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 and Williams' Percentage Range help.
The daily MACD line is below its signal line since March 3, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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