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36.5% Return Seen to Date on SmarTrend Garmin Ltd Call (GRMN)

By Amy Schwartz

SmarTrend identified an Uptrend for Garmin Ltd (NASDAQ:GRMN) on January 8th, 2019 at $64.49. In approximately 3 months, Garmin Ltd has returned 36.49% as of today's recent price of $88.02.

Over the past year, Garmin Ltd has traded in a range of $57.01 to $89.72 and is now at $88.02, 54% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has risen 0.6%.

Garmin Ltd. provides navigation, communications, and information devices, most of which are enabled by Global Positioning System (GPS) technology. The Company designs, develops, manufactures, and markets hand-held, portable, and fixed mount GPS-enabled products and other navigation, communications, and information products under its own brand name.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Garmin Ltd shares.

Log in and add Garmin Ltd (GRMN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights garmin ltd

Ticker(s): GRMN