GILDAN ACTIVEWEAR INC (GIL) Stock Technical Analysis
USA - NYSE:GIL - CA3759161035 - Common Stock
60.71 USD
-0.81 (-1.32%)
60.5882 USD
-0.12 (-0.2%)
Overall GIL gets a technical rating of 10 out of 10. 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.
Looking at the yearly performance, GIL did better than 82% of all other stocks.
GIL is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry. GIL outperforms 85% of them.
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.
In the last month GIL has a been trading in the 53.80 - 62.23 range, which is quite wide. It is currently trading near the high of this range.
GIL has an average volume of 1289740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GIL has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
43.10
61.32
We found 5 important support areas.
- A support zone ranging from 57.64 to 58.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 53.89 to 55.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.41 from a horizontal line in the daily time frame.
- Support @50.50 from a horizontal line in the daily time frame.
- Support @43.54 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GIL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GIL is up. |
| ChartMill Relative Strength | 82.38 | POSITIVE | GIL has a high relative strength, it outperformed 82.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GIL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GIL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GIL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.67 | NEUTRAL | The RSI value for GIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests GIL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.48 | OVERBOUGHT | The high Stochastics value suggests GIL may be overbought. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for GIL suggests some volalility. |
| Average Directional Index/ADX (14) | 29.56 | POSITIVE | The high ADX value value for GIL suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 62.24 | 56.29 | 5.95 (9.56%) | 10.46% |
| An entry @62.24. This is a Buy Stop order right above the 10 day high. | An exit @56.29. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.95 points, which is 9.56%. | When investing 10.46% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
60.71
-0.81 (-1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-1.32%
1 Week1.52%
2 Weeks7.09%
1 Month9.92%
3 Month18.92%
6 Month46.32%
12 Month27.38%
2 Year113.69%
3 Year92.42%
5 Year192.3%
10 Year111.31%
15 Year320.87%
Volatility
ATR(14)1.35
ATR(20)%2.19%
ATR Inc-13.07%
Range Today1.42
ADR(20)1.32
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.38
Mansfield0.92
10 Day High62.23
10 Day Low56.3
20 Day High62.23
20 Day Low53.8
52 Week High62.23
52 Week Low37.16
CS1 End58.03
CR1 StartN/A
Volume & EV
DER(3)0.05%
DER(5)0.35%
Volume1.13M
Volume Incr24.07%
Vol(5)1.21M
Vol(50)1.29M