Is Garmin Ltd. technically bullish or bearish?
As of October 3, 2025, Garmin Ltd. is in a strong bullish trend, supported by positive MACD, Bollinger Bands, and moving averages, along with significant outperformance against the S&P 500 over the past year and three years.
As of 3 October 2025, the technical trend for Garmin Ltd. has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view: the MACD is bullish on both the weekly and monthly time frames, Bollinger Bands are bullish in both periods, and moving averages are bullish on the daily chart. Additionally, the Dow Theory confirms a bullish trend on both weekly and monthly bases. Garmin has outperformed the S&P 500 across multiple periods, with a 1-year return of 51.99% compared to the S&P 500's 17.82%, and a 3-year return of 212.08% versus 82.57%. Overall, the technical indicators suggest a robust bullish sentiment for Garmin Ltd.
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