
Technical analysis of Garmin Ltd. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Garmin Ltd. is a technology company that designs, develops, manufactures, and distributes GPS-enabled products and navigation, communications, and sensor-based solutions. Its product portfolio includes fitness and sports devices, smartwatches, aviation avionics systems, marine navigation equipment, and specialized devices for various consumer and professional applications. The company also provides digital platforms such as Garmin Connect for activity tracking and Connect IQ for third-party application development.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 16, 2026, computed on the last 12 months of prices.
21 sessions
281.96 $
+1.00%
50 sessions
285.92 $
−0.40%
200 sessions
248.38 $
+14.66%
s2
275.92
Support
s1
280.57
Support
pivot
285.67
Pivot
r1
290.32
Resistance
r2
295.42
Resistance
In the October 16, 2026 session Garmin Ltd. closed lower at 284.79 $, −0.15% versus the previous session.
The price sits mixed against its moving averages: +1.00% against the 21-session average, −0.40% against the 50 and +14.66% against the 200.
The 14-period RSI reads 54.5, in neutral territory.
MACD stands at -0.936 against a signal line at -1.279: the histogram is positive (+0.342).
ADX reads 15.9, indicating weak directionality.
Levels computed on the latest session place supports at 280.57 and 275.92 $ and resistances at 290.32 and 295.42 $, around a pivot of 285.67.
The average daily range (ATR) is 8.007 $, or 2.81% of price.
Turnover was 1.7M shares, 205% of the 20-session average.
Over the last twelve months the price ranged between 222.73 and 313.07 $, and today stands −9.03% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the GRMN analysis.
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Garmin Ltd. analysed technically?
Technical analysis of Garmin Ltd. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Garmin Ltd.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Garmin Ltd.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Garmin Ltd. it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.