Not a great buy right now for an impatient entry: price is pressing into near-term resistance (R1 ~68.56; R2 ~69.71) with RSI(6) ~74 (short-term stretched).
The broader trend remains bullish (SMA_5 > SMA_20 > SMA_200, MACD histogram expanding), so this is more of a hold / buy-on-dip setup than an immediate high-conviction chase.
Options positioning and Street target raises are bullish, but with earnings (QDEC 2025) on 2026-02-23 pre-market, upside may be choppy until the next catalyst.
Technical Analysis
Trend: Bullish structure with moving averages stacked positively (SMA_5 > SMA_20 > SMA_200) → confirms an ongoing uptrend.
Momentum: MACD histogram +0.151 and expanding → bullish momentum still building.
Overbought/extension: RSI_6 ~74 → stretched in the short term; odds of a pause/pullback increase near resistance.
Levels: Pivot 66.708 (key line in the sand); Resistance R1 68.564 then R2 69.711; Supports S1 64.851.
Pattern-based forward stats: ~80% chance of +1.37% next day, -1.28% next week, +6.12% next month → near-term mixed, 1-month constructive.
Skew/Sentiment: Very call-heavy (OI put/call 0.15; volume put/call 0.01) → traders are positioned bullish.
Activity: Today volume 305 vs 30D avg strong (+254%); open interest also elevated vs avg (+196%) → heightened attention/positioning.
Volatility: IV30 ~34.26 vs HV ~25.71; IV percentile ~71 → options are priced rich vs realized, suggesting the market is paying up for exposure/hedges into upcoming events.
Technical Summary
Sell
3
Buy
10
Positive Catalysts
Clear bullish technical trend (MA stack + positive MACD) supports continuation once consolidation resolves.
Wall Street cons: execution risk around integration and the need to translate margin gains into consistent EPS growth.
Wall Street analysts forecast GIL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GIL is 72.87 USD with a low forecast of 63 USD and a high forecast of 110 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast GIL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GIL is 72.87 USD with a low forecast of 63 USD and a high forecast of 110 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 67.620
Low
63
Averages
72.87
High
110
Current: 67.620
Low
63
Averages
72.87
High
110
Scotiabank
Outperform
maintain
$66 -> $72
AI Analysis
2026-02-03
New
Reason
Scotiabank
Price Target
$66 -> $72
AI Analysis
2026-02-03
New
maintain
Outperform
Reason
Scotiabank raised the firm's price target on Gildan Activewear (GIL) to $72 from $66 and keeps an Outperform rating on the shares. The firm is revising its estimates for the company ahead of Q4 results to reflect the closing of its deal with Hanesbrands (HBI), the analyst tells investors. Scotiabank is constructive on Gildan, noting it has solid positioning in the apparel space.
TD Securities
Brian Morrison
Buy
maintain
$74 -> $77
2026-01-27
Reason
TD Securities
Brian Morrison
Price Target
$74 -> $77
2026-01-27
maintain
Buy
Reason
TD Securities analyst Brian Morrison raised the firm's price target on Gildan Activewear to $77 from $74 and keeps a Buy rating on the shares as part of a Q4 preview. The firm says details on the HaneBrands integration strategy should improve investor confidence in Gildan's ability to drive market share and achieve synergies.
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