Thursday, March 01, 2018 12:12:50 PM
Garmin Ltd (NASDAQ:GRMN) is a leading manufacturer of hand-held, portable and fixed mount GPS systems. The stock topped out on February 20, 2018 at $65.96 a share. Since that pivot high, the stock has sold off by nearly 7.0 points. Currently, GRMN stock is trading lower by 0.07 to $59.17 a share. It should be noted that GRMN stock is now trading below the important 50-day moving average. This technical setup puts the stock in a weak technical position. The next major daily chart support level will be around the 200-day moving average which is currently at $56.00. After that, the stock should have even more support around the $54.00 level. This major support area is where the stock broke out in October 2017. Every trader should be keeping this major support level on the radar.
Nicholas Santiago
InTheMoneyStocks
Recent GRMN News
- Garmin expands avionics database solutions for Europe • PR Newswire (US) • 04/15/2024 11:00:00 AM
- Garmin announces General Counsel transition • PR Newswire (US) • 04/08/2024 12:00:00 PM
- Garmin Ltd. schedules first quarter 2024 earnings call • PR Newswire (US) • 03/27/2024 11:00:00 AM
- Garmin pro Justin Hamner wins the 2024 Bassmaster Classic championship • PR Newswire (US) • 03/26/2024 06:00:00 PM
- Garmin unveils complete avionics modernization program for Cessna Citation CJ2 • PR Newswire (US) • 03/19/2024 06:30:00 PM
- Garmin receives 2024 IBBI Supplier of the Year Award • PR Newswire (US) • 03/12/2024 11:03:00 AM
- Garmin brings StormOptix Weather Radar compatibility to thousands more displays • PR Newswire (US) • 03/12/2024 11:01:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/11/2024 03:11:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:05:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/08/2024 04:06:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 08:24:38 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 07:43:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 05:32:01 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 04:39:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 05:21:27 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/06/2024 04:55:45 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/05/2024 09:54:58 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 11:00:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 09:13:42 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/29/2024 06:01:01 PM
- Garmin releases annual inReach SOS Report • PR Newswire (US) • 02/29/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 05:52:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 11:04:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 10:58:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/27/2024 09:56:16 PM
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