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Garmin Ltd Has Returned 18.3% Since SmarTrend Recommendation (GRMN)

By James Quinn

SmarTrend identified an Uptrend for Garmin Ltd (NASDAQ:GRMN) on September 4th, 2019 at $81.96. In approximately 3 months, Garmin Ltd has returned 18.25% as of today's recent price of $96.92.

Garmin Ltd share prices have moved between a 52-week high of $98.76 and a 52-week low of $59.98 and are now trading 63% above that low price at $97.89 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.5%.

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