The price of Hanesbrands Inc. (NYSE:HBI) over the past year has decreased -3.60% while the S&P 500 has increased 18.38%. During the past 20 days, HBI has increased 6.30% while the broad market has increased 2.67%. HBI ‘s 20-day moving average currently sits above its 100-day moving average. This is a bullish signal that suggests the stock price might continue to rise. HBI’s average trading volume during the past 20 days is lower than the average volume over the past 100 days, which could be an indication that investors are feeling less certain than usual about the direction of HBI’s future price movements.

Recent trading patterns in the stock of Hanesbrands Inc. (HBI) have investors on high alert. Analysts often look at historical trading patterns to predict a stock’s future performance. In the case of HBI, the data might be telling investors a thing or two about where the stock is headed. In the most recent quarter, institutional ownership increased by a net of 14.32 million shares, or 3.94%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for HBI overall.301 holders increased their positions, 289 decreased their positions, and 99 holders held their positions.

Among institutions that increased their positions, 77 were new positions. Among holders that decreased their positions, 49 sold out of the stock Hanesbrands Inc.. Insider ownership during the latest quarter increased by a net of 7123 shares, indicating that HBI’s key executives are feeling more bullish about the stock than they did three months ago. 17 or 38.64% of the trades during the past quarter were buys, and 27 or 61.36% were sells. Insider ownership during the last year has decreased by a net of 227118 shares. 38.89% of insider trades in the last 12 months were buys, and 61.11% were sells.

Hanesbrands Inc. (NYSE:HBI) has a 20-day RSI of 50.00%. According to this momentum indicator, a reading between 30 and 70 suggests the stock is not especially cheap or expensive, and not on the brink of a trend reversal. The MACD tells a different story. HBI’s 9-day MACD currently sits below the 20-day MACD, indicating that HBI’s downside momentum has decreased during the last three weeks. This suggests that the trend might soon reverse. HBI’s average trading volatility during the past few weeks is -11.3% lower than the average volatility over the past 100 days. This means that the stock’s daily price swings have been less extreme in recent times compared to the past.

Analysts expect Hanesbrands Inc. (HBI) to generate earnings per share of $1.94 in 2017. This works out to an increase of 4.86% compared to last year’s earnings. For comparison’s sake, analysts expect the S&P 500 to grow earnings by an average of 12% in 2017. The average investment rating for HBI on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 4.00 or a Moderate Buy. Three months ago, analysts assigned HBI a 4.25 rating, which implies that analysts have become more pessimistic about the outlook for the stock over the next year.