GOODFOOD MARKET CORP (FOOD.CA) Stock Technical Analysis
TSX:FOOD - Toronto Stock Exchange - CA38217M1005 - Common Stock - Currency: CAD
Taking everything into account, FOOD scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. FOOD was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FOOD is a bad performer in the overall market: 93% of all stocks are doing better.
FOOD is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 86% of 16 stocks in the same industry do better.
FOOD 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month FOOD has a been trading in the 0.14 - 0.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of FOOD 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.
More info and screens
0.14
0.17
We found 1 important support area.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages 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.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FOOD.CA is neutral. |
| ChartMill Relative Strength | 7.35 | NEGATIVE | FOOD.CA has a low relative strength, it was outperformed by 92.65% 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) | UP | POSITIVE | The current price of FOOD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FOOD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.56 | OVERBOUGHT | The high RSI value suggests FOOD.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FOOD.CA has a positive trend. |
| Stochastics (14,3) | 59.09 | NEUTRAL | The Stochastics value for FOOD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for FOOD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.78 | POSITIVE | The high ADX value value for FOOD.CA suggests a strong 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 (7/11/2025, 7:00:00 PM)
0.17
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0%
1 Week17.24%
2 Weeks21.43%
1 Month17.24%
3 Month-10.53%
6 Month-60.47%
12 Month-44.26%
2 Year-65.66%
3 Year-86.07%
5 Year-97.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.59%
ATR Inc394.12%
Range Today0.01
ADR(20)0.01
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.35
Mansfield-4.69
10 Day High0.19
10 Day Low0.14
20 Day High0.19
20 Day Low0.14
52 Week High0.54
52 Week Low0.14
CS1 End0.14
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume298.77K
Volume Incr64.91%
Vol(5)150.36K
Vol(50)103.19K