Gildan Activewear's MACD Death Cross and Bearish Marubozu Signal Negative Trend

Gildan Activewear's 15-minute chart has recently exhibited a MACD Death Cross and a Bearish Marubozu at 09/22/2025 14:30. This development suggests that the stock price has the potential to continue its downward trajectory, with sellers dominating the market. Furthermore, the bearish momentum is likely to persist in the coming days.

Gildan Activewear's stock price has shown significant bearish indicators in the recent past, with a MACD Death Cross and a Bearish Marubozu appearing on September 22, 2025, at 14:30. These technical signals suggest that the stock price may continue its downward trajectory, with sellers dominating the market. The bearish momentum is likely to persist in the coming days, according to market analysts.

The U.S. clothing and footwear industry has been significantly impacted by President Trump's trade policies, leading to an increase in mergers and acquisitions (M&A) activity. Skechers and Foot Locker, for instance, have recently announced deals to either go private or accelerate existing sales to mitigate the effects of tariffs. This trend has driven dealmaking in the U.S. footwear and apparel sectors to record levels, with $21 billion in deals announced year-to-date From Skechers to Foot Locker: Tariff chaos spurs record-high footwear, apparel deals^[1].

Gildan Activewear's acquisition of Hanesbrands for $2.2 billion last month is part of this broader trend. The companies produce more in Central America and the Caribbean than in Asia, and mostly use U.S.-grown cotton, giving them some protection from tariffs. This near-shoring strategy is seen as a way to insulate themselves from fluctuating geopolitics From Skechers to Foot Locker: Tariff chaos spurs record-high footwear, apparel deals^[1].

The current bearish momentum in Gildan's stock price may be a reflection of the broader industry challenges, including tariffs and geopolitical uncertainties. However, it is essential to note that technical indicators alone do not provide a complete picture of a company's financial health. Investors should consider other factors such as earnings reports, management commentary, and overall market conditions before making investment decisions.