GILDAN ACTIVEWEAR INC (GIL)
CA3759161035 - Common Stock
Overall GIL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GIL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GIL is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by GIL over the past year are nicely spread over this period.
GIL is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 79% of 50 stocks in the same industry.
GIL is currently making a new 52 week high. This is a strong signal. 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 a tight range between 45.43 and 47.76.
GIL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 47.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.47, 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
26.79
48.15
We found 6 important support areas.
- A support zone ranging from 46.70 to 47.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.65 from a trend line in the daily time frame.
- Support @43.79 from a trend line in the daily time frame.
- Support @37.49 from a trend line in the weekly time frame.
- Support @35.58 from a trend line in the weekly time frame.
- Support @27.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.67 to 47.67. 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
CRS89.91
Mansfield1.18
10 Day High47.76
10 Day Low46.54
20 Day High47.76
20 Day Low45.43
52 Week High47.76
52 Week Low27.24
Performance
1 Week1.56%
2 Weeks0.79%
1 Month4.17%
3 Month20.54%
6 Month34.89%
12 Month63.5%
2 Year50.49%
3 Year29.3%
5 Year85.98%
10 Year59.25%
15 Year435.59%
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)-0.09
RSI(14)62.68
LBB46.46
UBB47.73
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 |
|---|---|---|---|
| 47.68 | 46.69 | 0.99 (2.08%) | 25.00% |
| An entry @47.68. This is a Buy Stop order right above the resistance zone. | An exit @46.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.99 points, which is 2.08%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%. |
- The distance between exit and entry is rather small compared to the average daily movement of GIL. Please evaluate whether better entry and exit points can be found.
- 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
NYSE:GIL (10/14/2024, 8:04:00 PM)
After market: 47.48 0 (0%)47.48
-0.18 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.38%
1 Week1.56%
2 Weeks0.79%
1 Month4.17%
3 Month20.54%
6 Month34.89%
12 Month63.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.68
ATR(20)%1.46%
ATR Inc
Range Today0.74
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 High47.76
10 Day Low46.54
20 Day High47.76
20 Day Low45.43
52 Week High47.76
52 Week Low27.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume419.70K
Volume Incr-8.95%
Vol(5)449.04K
Vol(50)626.51K