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Gildan Activewear (GIL) on June 19, 2023, a dividend of $0.19 per share will be paid to shareholders of a certain stock. This announcement indicates that the company has set a record date, which determines who will be eligible to receive the dividend payment. The record date in this case is June 19, 2023.
However, it is important to note that there is also an ex-dividend date associated with this dividend payment, which is set for May 23, 2023. The ex-dividend date is typically set a few business days before the record date. This means that if an investor purchases the stock on or after the ex-dividend date, they will not be entitled to receive the upcoming dividend payment.
In this scenario, the previous dividend payment of $0.19 per share was made on April 10, 2023. Investors who owned the stock prior to the ex-dividend date of that period would have received the dividend, while those who purchased the stock on or after the ex-dividend date would not have been eligible for the payment.
The purpose of setting an ex-dividend date is to ensure that the seller of the stock is the one who receives the dividends. This prevents the buyer from benefiting from the upcoming dividend payment without actually owning the stock during the relevant period.
GIL moved below its 50-day moving average on April 25, 2024 date and that indicates a change from an upward trend to a downward trend. In of 35 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
The 10-day RSI Indicator for GIL moved out of overbought territory on March 22, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on April 11, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on GIL as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GIL turned negative on April 04, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for GIL crossed bearishly below the 50-day moving average on April 25, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GIL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where GIL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
GIL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.197) is normal, around the industry mean (3.484). P/E Ratio (12.244) is within average values for comparable stocks, (28.646). GIL's Projected Growth (PEG Ratio) (4.423) is slightly higher than the industry average of (1.937). Dividend Yield (0.021) settles around the average of (0.048) among similar stocks. P/S Ratio (2.046) is also within normal values, averaging (1.925).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GIL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GIL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of branded apparel
Industry ApparelFootwear