GILDAN ACTIVEWEAR INC (GIL.CA)
CA3759161035 - Common Stock
Taking everything into account, GIL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GIL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GIL is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, GIL also shows a nice and consistent pattern of rising prices.
GIL is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 75% of 5 stocks in the same industry.
GIL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
GIL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, GIL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 61.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.36, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
36.41
62.04
We found 4 important support areas.
- A support zone ranging from 59.35 to 60.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.51 to 57.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.39 from a trend line in the weekly time frame.
- Support @36.78 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.43 to 61.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.87
Mansfield1.17
10 Day High61.94
10 Day Low59.06
20 Day High61.94
20 Day Low56.91
52 Week High61.94
52 Week Low36.42
Performance
1 Week1.98%
2 Weeks0.91%
1 Month6.39%
3 Month17.69%
6 Month31.12%
12 Month58.24%
2 Year55.57%
3 Year31.27%
5 Year29.2%
10 Year296.61%
15 Year1048.39%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)65.07
LBB58.17
UBB61.91
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 61.44 | 59.34 | 2.10 (3.42%) | 25.00% |
| An entry @61.44. This is a Buy Stop order right above the resistance zone. | An exit @59.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.10 points, which is 3.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GILDAN ACTIVEWEAR INC
TSX:GIL (9/12/2024, 7:00:00 PM)
60.75
-0.19 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.31%
1 Week1.98%
2 Weeks0.91%
1 Month6.39%
3 Month17.69%
6 Month31.12%
12 Month58.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.13
ATR(20)%1.65%
ATR Inc
Range Today0.76
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High61.94
10 Day Low59.06
20 Day High61.94
20 Day Low56.91
52 Week High61.94
52 Week Low36.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume217.66K
Volume Incr7.37%
Vol(5)432.84K
Vol(50)354.14K