GILDAN ACTIVEWEAR INC (GIL) Technical Analysis
NYSE:GIL • CA3759161035
Current stock price
GIL Technical Rating and Analysis
Overall GIL gets a technical rating of 2 out of 10. 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 53.47 - 59.84 range, which is quite wide. It is currently trading near the high of this range.
- GIL has an average volume of 1429300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 69% of all stocks.
- GIL is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry, GIL did better than 59% of them.
- GIL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GIL is lagging the market.
GIL Weekly and Daily overview Charts
GIL Setup Rating and Analysis
GIL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 58.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 55.29, a Stop Loss order could be placed below this zone.
More info and screens
GIL Support and Resistance Analysis
51.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 53.68 to 55.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.36 to 59.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for GIL is neutral. |
| ChartMill Relative Strength | 69.12 | NEUTRAL | GIL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GIL is above 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) | 49.09 | NEUTRAL | The RSI value for GIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.78 | POSITIVE | The MACD value suggests GIL has a positive trend. |
| Stochastics (14,3) | 85.61 | OVERBOUGHT | The high Stochastics value suggests GIL may be overbought. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for GIL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.05 | 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
58.35
-0.66 (-1.12%)
GILDAN ACTIVEWEAR INC / GIL TA FAQ
What is the ChartMill technical rating of GILDAN ACTIVEWEAR INC (GIL) stock?
ChartMill assigns a technical rating of 2 / 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.
What is the RSI signal for GIL stock?
GILDAN ACTIVEWEAR INC (GIL) has an RSI value of 49.0907. This indicates that the stock is currently neutral.
What is the MACD signal for GILDAN ACTIVEWEAR INC (GIL) stock?
The MACD indicator for GILDAN ACTIVEWEAR INC (GIL) has a value of 0.783094, indicating a bearish trend.
What is the support and resistance level for GIL stock?
GILDAN ACTIVEWEAR INC (GIL) has a support level at 55.29 and a resistance level at 58.36. Check the full technical report for our detailed analysis of GIL support and resistance levels.