Sep. 30 at 9:32 AM
$GRMN
✳️ Technical Analysis:
— The price has broken above a strong resistance zone according to the Price Breakout strategy;
— The price is moving above the EMA 5, 10, 20, 50, and 200, which is strong evidence of an uptrend;
— The MACD and Signal lines have crossed.
*️⃣ Fundamental Analysis:
— The company's financial condition on a 10-point scale is: 8/10;
— Garmin increased its revenue by 20% in the second quarter of 2025, reaching
$1.81 billion. Earnings per share (EPS) were
$2.17, which was 16.67% higher than forecasts. The company is successfully expanding its product range for fitness and active recreation, which is increasing demand.
