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

Wednesday, Sep 17, 2025 2:47 pm ET1min read

Gildan Activewear's 15-minute chart has recently triggered a MACD Death Cross and KDJ Death Cross, as of September 17th, 2025 at 14:45. This indicates that the stock price has the potential to continue its downward trajectory, with a momentum shift towards the downside and a potential for further price decreases.

Gildan Activewear Inc. (TSX: GIL) has experienced a notable shift in its stock price momentum, as indicated by recent technical indicator signals. On September 17th, 2025, at 14:45, the stock triggered a MACD (Moving Average Convergence Divergence) Death Cross and a KDJ (Kaufman Adaptive Moving Average) Death Cross. These signals suggest a potential continuation of the downward trend and a momentum shift towards further price decreases.

The MACD Death Cross occurs when the MACD line crosses below the signal line, indicating a bearish signal. The KDJ Death Cross, a combination of the K and D lines crossing below the J line, also signifies a bearish trend. These crossovers often signal a change in the stock's momentum, suggesting that the current trend may reverse.

In the context of the broader market, the Canadian market is up in positive territory Monday afternoon, with stocks from various sectors contributing to the upmove. The benchmark S&P/TSX Composite Index climbed to 29,413.70 earlier in the session and was up 103.03 points or 0.35% at 29,386.85 a little while ago Canadian Market Modestly Higher; Energy, Materials Stocks Rise[1]. However, the cautious mood among investors remains, as they await interest rate decisions from the Bank of Canada and the Federal Reserve on Wednesday.

Gildan Activewear's stock has been influenced by broader market trends and sector-specific factors. The company's performance in the consumer discretionary sector, which includes apparel and retail, has been relatively strong, with Gildan gaining 1.3% on Monday Canadian Market Modestly Higher; Energy, Materials Stocks Rise[1]. Despite this, the technical indicators suggest a potential downward trajectory in the stock price.

Investors should closely monitor these technical signals and consider the broader economic indicators, such as manufacturing sales and wholesale sales, which have shown positive growth in Canada Canadian Market Modestly Higher; Energy, Materials Stocks Rise[1]. The decrease in car registrations in Canada may also impact the consumer discretionary sector, potentially affecting Gildan's performance.

In conclusion, Gildan Activewear's recent technical indicator signals suggest a potential downward trend in the stock price. Investors should remain vigilant and consider the broader economic context when making investment decisions. Further analysis and monitoring of the stock's performance and market conditions are recommended.

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