GILDAN ACTIVEWEAR INC (GIL) Stock Technical Analysis
NYSE:GIL - New York Stock Exchange, Inc. - CA3759161035 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to GIL. Although GIL is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
GIL is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry. GIL outperforms 85% of them.
Looking at the yearly performance, GIL did better than 70% of all other stocks. However, we also see that GIL couldn't keep up this performance in the last couple of months.
GIL is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month GIL has a been trading in the 37.16 - 45.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GIL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 40.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GIL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
39.37
43.06
We found 1 important support area.
- A support zone ranging from 39.77 to 40.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.48 to 42.63. 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
CRS70.21
Mansfield-0.12
10 Day High43.58
10 Day Low39.38
20 Day High45.57
20 Day Low37.16
52 Week High55.39
52 Week Low32.23
Performance
1 Week4.45%
2 Weeks3.28%
1 Month-3.89%
3 Month-16.99%
6 Month-11.65%
12 Month20.31%
2 Year30.36%
3 Year25.35%
5 Year204.66%
10 Year33.93%
15 Year193.61%
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)0.47
RSI(14)46.87
LBB38.3
UBB43.37
42.47
-0.15 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.35%
1 Week4.45%
2 Weeks3.28%
1 Month-3.89%
3 Month-16.99%
6 Month-11.65%
12 Month20.31%
2 Year30.36%
3 Year25.35%
5 Year204.66%
10 Year33.93%
15 Year193.61%
Volatility
ATR(14)1.87
ATR(20)%4.16%
ATR Inc-25.76%
Range Today1.25
ADR(20)1.59
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.21
Mansfield-0.12
10 Day High43.58
10 Day Low39.38
20 Day High45.57
20 Day Low37.16
52 Week High55.39
52 Week Low32.23
CS1 End40.25
CR1 Start42.48
Volume & EV
DER(3)3.48%
DER(5)3.21%
Volume726.12K
Volume Incr-22.2%
Vol(5)641.25K
Vol(50)733.36K