Gildan Activewear's 15min chart triggers MACD Death Cross and KDJ Death Cross.

Gildan Activewear's 15-minute chart has recently triggered a MACD Death Cross, KDJ Death Cross, and a Bearish Marubozu at 09/22/2025 10:30. This suggests that the stock price has the potential to continue its downward trend, with a momentum shift towards the downside and a likelihood of further decreases. The market is currently controlled by sellers, and it is probable that this bearish momentum will persist.

Gildan Activewear's 15-minute chart has recently triggered a MACD Death Cross, KDJ Death Cross, and a Bearish Marubozu at 09/22/2025 10:30, suggesting a potential continuation of its downward trend. This momentum shift towards the downside indicates a likelihood of further decreases in the stock price. The market is currently dominated by sellers, and this bearish momentum is likely to persist From Skechers to Foot Locker: Tariff chaos spurs record-high footwear, apparel deals^[1].

The tariffs implemented by the U.S. administration have significantly impacted the footwear and apparel sectors. The uncertainty created by these tariffs has led to a surge in mergers and acquisitions (M&A) activity within the industry. For instance, Skechers, a popular sneaker company, announced a $9.42 billion deal to go private in early May, just days after pulling its annual earnings forecasts due to the tariffs From Skechers to Foot Locker: Tariff chaos spurs record-high footwear, apparel deals^[1]. Similarly, sneaker seller Foot Locker accelerated its $2.4 billion sale to Dick's Sporting Goods in May, also driven by the tariff environment From Skechers to Foot Locker: Tariff chaos spurs record-high footwear, apparel deals^[1].

The tariffs have pushed U.S. clothing and footwear acquisitions to all-time highs this year, with dealmaking in the sector reaching roughly $21 billion in deals announced year-to-date. This figure is already a record and particularly surprising for an industry where valuations are not as lofty as those in the tech or financial services sectors From Skechers to Foot Locker: Tariff chaos spurs record-high footwear, apparel deals^[1].

Carmen Molinos, Morgan Stanley’s global co-head of consumer retail investment banking, noted that "scale is more important in a tariff-rich environment because you can negotiate better terms across a larger base with many of your counterparties" From Skechers to Foot Locker: Tariff chaos spurs record-high footwear, apparel deals^[1]. This trend highlights the strategic importance of mergers and acquisitions for companies seeking to mitigate the impact of tariffs.

Gildan Activewear, which produces more in Central America and the Caribbean than in Asia and uses U.S.-grown cotton, recently acquired U.S. underwear maker Hanesbrands for $2.2 billion. This deal is part of Gildan's strategy to insulate itself from fluctuating geopolitics and take advantage of the near-shoring opportunity From Skechers to Foot Locker: Tariff chaos spurs record-high footwear, apparel deals^[1].

The recent technical indicators suggest that Gildan Activewear's stock price may continue to decline, with the market currently controlled by sellers. This bearish momentum is likely to persist, indicating a challenging environment for the company's stock.