Gildan Activewear Stock Momentum Indicators Average Directional Movement Index

GIL Stock  USD 49.48  0.62  1.27%   
Gildan Activewear momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Gildan Activewear. Gildan Activewear value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Gildan Activewear are pattern recognition functions that provide distinct formation on Gildan Activewear potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was fourty-seven with a total number of output elements of fourteen. The average directional index (ADX) measures the strength of a prevailing trend of Gildan Activewear and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Gildan Activewear ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Gildan Activewear Technical Analysis Modules

Most technical analysis of Gildan Activewear help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Gildan from various momentum indicators to cycle indicators. When you analyze Gildan charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Gildan Activewear Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gildan Activewear. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gildan Activewear based on widely used predictive technical indicators. In general, we focus on analyzing Gildan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gildan Activewear's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Gildan Activewear's intrinsic value. In addition to deriving basic predictive indicators for Gildan Activewear, we also check how macroeconomic factors affect Gildan Activewear price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2017 2018 2023 2024 (projected)
Dividend Yield0.01170.02360.02270.0238
Price To Sales Ratio2.631.561.821.75
Hype
Prediction
LowEstimatedHigh
47.9549.0150.07
Details
Intrinsic
Valuation
LowRealHigh
47.0148.0649.13
Details
Naive
Forecast
LowNextHigh
46.6247.6948.75
Details
11 Analysts
Consensus
LowTargetHigh
33.4236.7240.76
Details

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In addition to having Gildan Activewear in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gildan Activewear's future performance. For an informed investment choice regarding Gildan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gildan Activewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gildan Activewear. If investors know Gildan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gildan Activewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.124
Dividend Share
0.801
Earnings Share
2.51
Revenue Per Share
19.316
Quarterly Revenue Growth
0.024
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.