GILDAN ACTIVEWEAR INC (GIL) Technical Analysis
NYSE:GIL • CA3759161035
Current stock price
GIL Technical Rating and Analysis
Taking everything into account, GIL scores 1 out of 10 in our technical rating. GIL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month GIL has a been trading in the 56.12 - 72.46 range, which is quite wide. It is currently trading near the lows of this range.
- GIL has an average volume of 1447390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, GIL turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- GIL is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 65% of 45 stocks in the same industry.
- GIL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GIL is lagging the market slightly.
GIL Weekly and Daily overview Charts
GIL Setup Rating and Analysis
The technical rating of GIL is bad and it also does not present a quality setup 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
GIL Support and Resistance Analysis
46.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 56.49 to 56.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.74 from a trend line in the weekly time frame.
GIL Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for GIL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GIL is down. |
| ChartMill Relative Strength | 65.79 | NEUTRAL | GIL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GIL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GIL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GIL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 20.74 | OVERSOLD | The low RSI value suggests GIL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.92 | NEGATIVE | The MACD value suggests GIL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.79 | OVERSOLD | The low Stochastics value suggests GIL may be oversold. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for GIL suggests some volalility. |
| Average Directional Index/ADX (14) | 38.1 | POSITIVE | The high ADX value value for GIL suggests a strong trend. |
GIL Chart- and CandleStick Pattern Analysis
GIL Technicals: Chart, Performance Metrics, Trend & Indicators
56.5
-1.96 (-3.35%)
GILDAN ACTIVEWEAR INC / GIL TA FAQ
What is the ChartMill technical rating of GILDAN ACTIVEWEAR INC (GIL) stock?
ChartMill assigns a technical rating of 1 / 10 to GIL.
What is the current trend direction of GILDAN ACTIVEWEAR INC (GIL) stock?
The current trend direction for GILDAN ACTIVEWEAR INC (GIL) is Bearish.
Can you provide the RSI signal for GILDAN ACTIVEWEAR INC?
GILDAN ACTIVEWEAR INC (GIL) has an RSI value of 20.7406. This indicates that the stock is currently oversold.
Can you provide the MACD signal for GILDAN ACTIVEWEAR INC?
The MACD indicator for GILDAN ACTIVEWEAR INC (GIL) has a value of -0.920739, indicating a bearish trend.
Can you provide the short term momentum for GILDAN ACTIVEWEAR INC?
The short term momentum for GILDAN ACTIVEWEAR INC (GIL) is negative.