Garmin Ltd

GRMN remains in a Stage 2 advancing regime with long- and medium-term uptrends intact, but price is extended above rising EMAs and in extreme overbought territory. Timing is unfavorable for new entries; execution should be deferred until a shallow pullback into dynamic support near the rising 9- and 20-day EMAs or prior resistance-turned-support zone.

• ↑Q1 revenue rose 14% YoY to $1.75B; fitness sales jumped 42% to $547M.
• ↑Aviation revenue grew 18% in Q1, driven by LiveScope 2 and AXIS display.
• ↓Negative earnings yield and downward revisions signal challenged profitability outlook.