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Archive - 8/29/2025 - Sign In to see current Signals. |
Garmin Ltd. (GRMN) Technical Analysis
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| Summary:
| | Weekly :     | | Daily :   Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Garmin Ltd. (GRMN). During the week, the GRMN gained 5.90 points, or 2.50%, and closed at 241.82 on Friday, August 29, 2025. Weekly volume was 18% 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 downtrend had started on February 19, 2025 at 246.50 and reached 169.30 on April 7, 2025. GRMN lost 77.20 points, or 31.32%, in 6 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (225.42) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. GRMN may retest the broken resistance line. It is considered to be a support 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 resistance line in a long-term trend.
Medium-term trend: [See GRMN medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 169.30 and reached 243.00 on August 29, 2025. GRMN gained -73.70 points, or -43.53%, in 20 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (225.62) 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. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish 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 weekly MACD line is above its signal line since July 3, 2025. 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 18, 2025 at 197.36 and reached 243.00 on August 29, 2025. GRMN gained -45.64 points, or -23.13%, in 72 days. Price is near the trend high.
Daily Technical Indicators: [See GRMN daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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.
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