Gildan Activewear Stock Forecast

Hold candidate since Jun 20, 2025

The Gildan Activewear Inc stock price fell by -1.29% on the last day (Friday, 20th Jun 2025) from $47.16 to $46.55. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 1.81% from a day low at $46.46 to a day high of $47.30. The price has fallen in 6 of the last 10 days and is down by -2.29% for this period. Volume has increased on the last day by 125 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 363 thousand shares were bought and sold for approximately $16.88 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 15.90% during the next 3 months and, with a 90% probability hold a price between $50.42 and $61.04 at the end of this 3-month period.

GIL Signals & Forecast

There are few to no technical positive signals at the moment. The Gildan Activewear Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $47.27 and $48.01. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 20, 2025, and so far it has fallen -7.31%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Gildan Activewear Inc stock

Gildan Activewear Inc finds support from accumulated volume at $46.12 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.84 (1.81%) between high and low. For the last week, the stock has had daily average volatility of 2.06%.

Our recommended stop-loss: $45.09 (-3.15%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 21 days ago.)

Trading Expectations (GIL) For The Upcoming Trading Day Of Monday 23rd

For the upcoming trading day on Monday, 23rd we expect Gildan Activewear Inc to open at $46.77, and during the day (based on 14 day Average True Range), to move between $45.49 and $47.61, which gives a possible trading interval of +/-$1.06 (+/-2.27%) up or down from last closing price. If Gildan Activewear Inc takes out the full calculated possible swing range there will be an estimated 4.54% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $46.60 (0.11%) than the support at $46.12 (0.92%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Gildan Activewear Inc stock A Buy?

Gildan Activewear Inc holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.669 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2025 - $46.77 ( 0.473%).

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