Logo image of VGFC

VERY GOOD FOOD CO INC/THE (VGFC) Stock Technical Analysis

NASDAQ:VGFC - Nasdaq - CA88340B1094 - Common Stock - Currency: USD

0.0515  0 (-1.9%)

After market: 0.0371 -0.01 (-27.96%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to VGFC. VGFC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than VGFC.
VGFC is one of the lesser performing stocks in the Food Products industry. 91% of 90 stocks in the same industry do better.
VGFC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month VGFC has a been trading in the 0.05 - 0.09 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
VGFC has an average volume of 12723000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
VERY GOOD FOOD CO INC/THE / VGFC Weekly stock chart
VERY GOOD FOOD CO INC/THE / VGFC Daily stock chart
Setup Rating and Analysis

3

The technical rating of VGFC is bad and it also does not present a 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

0.05

0.09

We can see 2 important resistance areas.

  • A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.09 from a trend line in the daily time frame.
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
CRS1.41
Mansfield-7.8
10 Day High0.09
10 Day Low0.05
20 Day High0.09
20 Day Low0.05
52 Week High0.78
52 Week Low0.05
Performance
1 Week-25.79%
2 Weeks-25.9%
1 Month-29.36%
3 Month-53.52%
6 Month-77%
12 Month-90.81%
2 YearN/A
3 YearN/A
5 YearN/A
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)31.82
LBB0.05
UBB0.08
VERY GOOD FOOD CO INC/THE / VGFC Daily stock chart

VERY GOOD FOOD CO INC/THE

NASDAQ:VGFC (1/20/2023, 8:10:30 PM)

After market: 0.0371 -0.01 (-27.96%)

0.0515

0 (-1.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.9%
1 Week-25.79%
2 Weeks-25.9%
1 Month-29.36%
3 Month-53.52%
6 Month-77%
12 Month-90.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%15.5%
ATR Inc-8.37%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.41
Mansfield-7.8
10 Day High0.09
10 Day Low0.05
20 Day High0.09
20 Day Low0.05
52 Week High0.78
52 Week Low0.05
CS1 EndN/A
CR1 Start0.08
Volume & EV
DER(3)-4.62%
DER(5)-4.28%
Volume18.83M
Volume Incr89.64%
Vol(5)20.03M
Vol(50)12.72M