GOODFOOD MARKET CORP (FOOD-DB-A.CA) Technical Analysis
TSX:FOOD-DB-A • CA38217MAB69
We assign a technical rating of 7 out of 10 to FOOD-DB-A. Both in the recent history as in the last year, FOOD-DB-A has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FOOD-DB-A is one of the better performing stocks in the market, outperforming 78% of all stocks.
- FOOD-DB-A is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 93% of 16 stocks in the same industry.
- FOOD-DB-A is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FOOD-DB-A is lagging the market slightly.
- In the last month FOOD-DB-A has a been trading in the 31.01 - 45.00 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FOOD-DB-A has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.72
When analyzing the support we can see 2 important areas.
- Support @32.51 from a trend line in the weekly time frame.
- A support zone ranging from 31.03 to 31.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 50.01 to 50.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for FOOD-DB-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FOOD-DB-A.CA is up. |
| ChartMill Relative Strength | 78.18 | POSITIVE | FOOD-DB-A.CA has a high relative strength, it outperformed 78.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FOOD-DB-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FOOD-DB-A.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOOD-DB-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.05 | NEUTRAL | The RSI value for FOOD-DB-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.88 | POSITIVE | The MACD value suggests FOOD-DB-A.CA has a positive trend. |
| Stochastics (14,3) | 86.06 | OVERBOUGHT | The high Stochastics value suggests FOOD-DB-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for FOOD-DB-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.2 | NEGATIVE | The low ADX value for FOOD-DB-A.CA suggests a weak or negative trend. |
FOOD-DB-A.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:FOOD-DB-A (3/2/2026, 7:00:00 PM)
45
+7 (+18.42%)
GOODFOOD MARKET CORP / FOOD-DB-A.CA FAQ
What is the ChartMill technical rating of GOODFOOD MARKET CORP (FOOD-DB-A.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to FOOD-DB-A.CA.
Can you provide the trend direction for GOODFOOD MARKET CORP?
The current trend direction for GOODFOOD MARKET CORP (FOOD-DB-A.CA) is Bullish.
Can you provide the RSI signal for GOODFOOD MARKET CORP?
GOODFOOD MARKET CORP (FOOD-DB-A.CA) has an RSI value of 69.0463. This indicates that the stock is currently neutral.
What is the buy/sell signal for GOODFOOD MARKET CORP (FOOD-DB-A.CA) stock?
The buy/sell signal for GOODFOOD MARKET CORP (FOOD-DB-A.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for GOODFOOD MARKET CORP?
GOODFOOD MARKET CORP (FOOD-DB-A.CA) has a support level at 32.51 and a resistance level at 50.01. Check the full technical report for our detailed analysis of FOOD-DB-A.CA support and resistance levels.