GOODFOOD MARKET CORP (FOOD-DB-A.CA) Stock Technical Analysis
TSX:FOOD-DB-A - Toronto Stock Exchange - CA38217MAB69 - Currency: CAD
We assign a technical rating of 2 out of 10 to FOOD-DB-A. Although FOOD-DB-A is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month FOOD-DB-A has a been trading in the 31.03 - 47.00 range, which is quite wide. It is currently trading near the lows of this range.
FOOD-DB-A is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 93% of 17 stocks in the same industry.
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 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
FOOD-DB-A is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FOOD-DB-A is lagging the market.
Volume is considerably higher in the last couple of days.
FOOD-DB-A has a poor technical rating and the quality of the setup is also 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
30.72
50.50
When analyzing the support we notice one important area.
- A support zone ranging from 31.03 to 31.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 31.14 to 31.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 32.25 to 32.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @35.01 from a horizontal line in the daily time frame.
- Resistance @50.00 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for FOOD-DB-A.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FOOD-DB-A.CA is down. |
| ChartMill Relative Strength | 85.39 | POSITIVE | FOOD-DB-A.CA has a high relative strength, it outperformed 85.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FOOD-DB-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FOOD-DB-A.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FOOD-DB-A.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36 | NEUTRAL | The RSI value for FOOD-DB-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests FOOD-DB-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 0.45 | OVERSOLD | The low Stochastics value suggests FOOD-DB-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for FOOD-DB-A.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.01 | NEUTRAL | The ADX value for FOOD-DB-A.CA suggests a possible start of a new trend. |
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)
TSX:FOOD-DB-A (6/6/2025, 7:00:00 PM)
31.13
+0.1 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.32%
1 Week-5.67%
2 Weeks-3.2%
1 Month-37.74%
3 Month-15.86%
6 Month-11.06%
12 Month83.12%
2 Year-2.72%
3 Year-5.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.77
ATR(20)%5.42%
ATR Inc-96.21%
Range Today0
ADR(20)0.8
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.39
Mansfield-2.52
10 Day High35
10 Day Low31.03
20 Day High47
20 Day Low31.03
52 Week High50
52 Week Low20
CS1 End31.11
CR1 Start31.14
Volume & EV
DER(3)0%
DER(5)0%
Volume15.00K
Volume Incr134.25%
Vol(5)110.80K
Vol(50)74.32K