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Archive
- 5/23/2025 -
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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 -4.69 points, or -2.28%, and closed at 200.59 on Friday, May 23, 2025. Weekly volume was -24% 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 246.50 on February 19, 2025. GRMN gained -170.13 points, or -222.77%, in 122 weeks. The price is now at the 26.99% retracement level.
 Medium-term trend: [See GRMN medium-term trend chart]
A medium-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. 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 below its signal line since February 28, 2025. This is an indication that the medium-term trend is down. 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 April 7, 2025 at 169.30 and reached 205.52 on May 19, 2025. GRMN gained -36.22 points, or -21.39%, in 42 days. The price is now at the 13.61% retracement level.
Daily Technical Indicators: [See GRMN daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily 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 daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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