Athletic clothing producer Gildan Activewear (GIL.TO) struggled at the end of last year and the start of this year, dropping from the green zone to the red zone in the SIA S&P/TSX 60 Index Report. Since February, however, its relative strength has steadily been improving.
A month ago, GIL.TO climbed back up into the Yellow Neutral Zone from the red zone and since then it has moved up another 4 spots to 27th place. Over the last month, GIL.TO is up 12.1% while the S&P/TSX Composite Index has gained 3.9%.
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