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GOODFOOD MARKET CORP (FOOD.CA) Stock Technical Analysis

TSX:FOOD - Toronto Stock Exchange - CA38217M1005 - Common Stock - Currency: CAD

0.395  -0.03 (-7.06%)

Technical Rating and Analysis

4

Taking everything into account, FOOD scores 4 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month FOOD has a been trading in the 0.40 - 0.53 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
FOOD is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 88% of 19 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, FOOD did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
FOOD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FOOD is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GOODFOOD MARKET CORP / FOOD Weekly stock chart
GOODFOOD MARKET CORP / FOOD Daily stock chart
Setup Rating and Analysis

3

FOOD has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.27

0.42

We found 1 important support area.

  • A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.96
Mansfield1.16
10 Day High0.44
10 Day Low0.4
20 Day High0.53
20 Day Low0.4
52 Week High0.54
52 Week Low0.2
Performance
1 Week-7.06%
2 Weeks-8.14%
1 Month-24.04%
3 Month-8.14%
6 Month41.07%
12 Month54.9%
2 Year-35.25%
3 Year-85.53%
5 Year-84.57%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)34.72
LBB0.4
UBB0.44
GOODFOOD MARKET CORP / FOOD Daily stock chart

GOODFOOD MARKET CORP

TSX:FOOD (2/21/2025, 7:00:00 PM)

0.395

-0.03 (-7.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-7.06%
1 Week-7.06%
2 Weeks-8.14%
1 Month-24.04%
3 Month-8.14%
6 Month41.07%
12 Month54.9%
2 Year-35.25%
3 Year-85.53%
5 Year-84.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%7.53%
ATR Inc7.69%
Range Today0.02
ADR(20)0.03
ADR(20)%7.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.96
Mansfield1.16
10 Day High0.44
10 Day Low0.4
20 Day High0.53
20 Day Low0.4
52 Week High0.54
52 Week Low0.2
CS1 End0.27
CR1 Start0.42
Volume & EV
DER(3)-38.26%
DER(5)-19.76%
Volume151.33K
Volume Incr-64.58%
Vol(5)48.07K
Vol(50)94.09K