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GRMN Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Thursday, December 6, 11:31 AM ET
Play Video: Learn About The 200 DMA

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In trading on Thursday, shares of Garmin Ltd. (NASDAQ:GRMN) crossed above their 200 day moving average of $41.81, changing hands as high as $41.99 per share. Garmin Ltd. shares are currently trading up about 5% on the day. The chart below shows the one year performance of GRMN shares, versus its 200 day moving average:

Garmin Ltd. 200 Day Moving Average Chart

Looking at the chart above, GRMN's low point in its 52 week range is $35.55 per share, with $50.67 as the 52 week high point that compares with a last trade of $41.54.

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According to the ETF Finder at ETF Channel, GRMN makes up 1.08% of the iShares Dow Jones Select Dividend Index Fund ETF (NYSE:DVY) which is trading up by about 0.1% on the day Thursday.

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