GOODFOOD MARKET CORP (FOOD.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:FOOD - CA38217M1005 - Common Stock
Taking everything into account, FOOD scores 5 out of 10 in our technical rating. In the last year, FOOD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
FOOD has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
0.24
We found 2 important support areas.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.24 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.31 from a trend line in the daily time frame.
- A resistance zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.34 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FOOD.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FOOD.CA is up. |
| ChartMill Relative Strength | 11.96 | NEGATIVE | FOOD.CA has a low relative strength, it was outperformed by 88.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FOOD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FOOD.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FOOD.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.91 | NEUTRAL | The RSI value for FOOD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FOOD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.17 | NEUTRAL | The Stochastics value for FOOD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.33 | HIGH VOLATILITY | The high ATR as a percentage value for FOOD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.68 | POSITIVE | The high ADX value value for FOOD.CA suggests a strong trend. |
TSX:FOOD (12/19/2025, 7:00:00 PM)
0.3
+0.01 (+1.69%)
GOODFOOD MARKET CORP / FOOD.CA FAQ
What is the ChartMill technical rating of GOODFOOD MARKET CORP (FOOD.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to FOOD.CA.
Can you provide the trend direction for GOODFOOD MARKET CORP?
The current trend direction for GOODFOOD MARKET CORP (FOOD.CA) is Bearish.
What is the RSI signal for GOODFOOD MARKET CORP (FOOD.CA) stock?
GOODFOOD MARKET CORP (FOOD.CA) has an RSI value of 64.9133. This indicates that the stock is currently neutral.
What is the MACD signal for GOODFOOD MARKET CORP (FOOD.CA) stock?
The MACD indicator for GOODFOOD MARKET CORP (FOOD.CA) has a value of 0.00799095, indicating a bearish trend.
What is the support and resistance level for FOOD stock?
GOODFOOD MARKET CORP (FOOD.CA) has a support level at 0.29 and a resistance level at 0.31. Check the full technical report for our detailed analysis of FOOD.CA support and resistance levels.