The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 12/26/2025 -
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Garmin Ltd. (GRMN) Technical Analysis

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Summary:
Weekly :Overbought sectorStochastic signal line moved above oversold areaTrend resistance at 201.01
Daily :Price is near the Fibonacci 23.6% retracement levelThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week for the Garmin Ltd. (GRMN). During the week, the GRMN gained 3.89 points, or 1.93%, and closed at 205.51 on Friday, December 26, 2025. Weekly volume was -42% below 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 261.69 on October 9, 2025. GRMN gained -185.32 points, or -242.66%, in 156 weeks. The price is now at the 30.32% retracement level.

Medium-term trend: [See GRMN medium-term trend chart]
A medium-term downtrend had started on October 9, 2025 at 261.69 and reached 186.67 on November 20, 2025. GRMN lost 75.02 points, or 28.67%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (201.01). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See GRMN weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 below its signal line since October 24, 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 November 20, 2025 at 186.67 and reached 211.74 on December 11, 2025. GRMN gained -25.07 points, or -13.43%, in 21 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See GRMN daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since November 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.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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) 53.05
Williams' Percentage Range (W%R) 37.00
Lane's Stochastic (%D-Slow) 35.64
Greed/Fear Indicator (GFI) 50.55
Moving Average Converg./Diverg. (MACD) -1.30
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.49
Williams' Percentage Range (W%R) 75.70
Lane's Stochastic (%D-Slow) 20.19
Greed/Fear Indicator (GFI) 26.20
Moving Average Converg./Diverg. (MACD) 0.30
Trading Signals
Description Value Chart
Upper Bollinger Band 212.30
50 Day Moving Average 210.09
Parabolic System 207.66
Price 205.51
Daily Stochastic Crossing 204.31
20 Day Moving Average 203.33
Monthly Trendline Resistance 201.01
Lower Bollinger Band 195.69
Weekly Stochastic Crossing 195.67
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 8
Industry Consumer Electronics 11
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 211.74
High Date 12/11/2025
Low 200.53
Low Date 12/19/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 186.67
Low Date 11/20/2025
High 211.74
High Date 12/11/2025
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Test Resistance
Resistance 201.01
Support 128.37
High 261.69
High Date 10/09/2025
Low 186.67
Low Date 11/20/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 76.37
Low Date 10/13/2022
High 261.69
High Date 10/09/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 14.40
Low Date 11/21/2008
High 261.69
High Date 10/09/2025
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.