Chart pattern
GRMN chart pattern — Garmin
1 formation detected on the latest close (Nov 06, 2026).
Descending Triangle · Weekly candles
BearishForming
Last close$285.57
Trigger$260.88 (-8.6%)
Upper boundary$297.28
Lower boundary$260.88
Pattern spanAug 14, 2026 → 12 bars
Touches7
Fit score97/100
A flat floor with a falling ceiling — sellers accepting less each time until the support gives way. Trigger: A daily close below the flat support line, usually with a clear pickup in volume. Invalidation: A close back above the falling resistance line, which says the sequence of lower highs has ended.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.