Overbought Readings Warn of GRMN Pullback at $251.49
Bearish
Feb 25, 2026 at 1:39 AM
•
$251.49
(+1.78%)
Garmin Ltd (GRMN) closed up 1.78% at $251.49 on February 25.
Technical indicators paint a bullish picture:
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($234.12) supports, 21-day ($221.66) below.
Momentum
RSI at 77.6 is in overbought territory, suggesting potential near-term exhaustion. MACD reads 10.36 against its 5.25 signal line (bullish).
Volatility
Price is extended above the upper Bollinger Band ($250.86), suggesting possible mean reversion.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Key levels to watch: Support at $180.21, Resistance at $250.86.