Gildan Activewear's 15-minute chart shows KDJ Golden Cross, Bullish Marubozu.

Based on Gildan Activewear's 15-minute chart, a significant technical indicator has been triggered. Specifically, the KDJ Golden Cross and Bullish Marubozu occurred at 09:25 on September 25, 2025, at 14:45. This suggests that the momentum of the stock price is shifting in a positive direction, with potential for further upward movement. The dominance of buyers in the market is evident, and it is likely that bullish momentum will continue to prevail.

Gildan Activewear (GIL: TSX and NYSE) has successfully priced an aggregate principal amount of US$1.2 billion in senior unsecured notes, with the proceeds earmarked for the acquisition of Hanesbrands Inc. The company issued $600 million in 4.700% senior unsecured notes due October 7, 2030, and another $600 million in 5.400% senior unsecured notes due October 7, 2035 Gildan Prices US$1.2 Billion Senior Notes to Help Fund Hanesbrands Acquisition^[1].

The company expects to use the net proceeds from the note offering, along with its cash on hand, to fund the cash portion of the acquisition, refinancing of Hanesbrands' existing indebtedness, and related transaction fees and expenses. The closing of the transaction is anticipated on or about October 7, 2025, subject to customary closing conditions Gildan Prices US$1.2 Billion Senior Notes to Help Fund Hanesbrands Acquisition^[1].

In addition to the financial news, technical indicators on Gildan Activewear's 15-minute chart have shown significant movement. A KDJ Golden Cross and Bullish Marubozu occurred at 09:25 on September 25, 2025, at 14:45. These indicators suggest a shift in the stock's momentum, with potential for further upward movement. The dominance of buyers in the market is evident, indicating that bullish momentum is likely to continue .

Shares in Gildan rose more than 2% and hit 52-week highs on the TSX yesterday, reflecting investor confidence in the company's strategic moves and the positive technical indicators.