GOODFOOD MARKET CORP (FOOD.CA) Stock Technical Analysis
Canada - TSX:FOOD - CA38217M1005 - Common Stock
Taking everything into account, FOOD scores 6 out of 10 in our technical rating. FOOD has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
FOOD has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.30. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.27, a Stop Loss order could be placed below this zone.
More info and screens
0.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.21 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.32 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 | UP | POSITIVE | The long term trend for FOOD.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FOOD.CA is neutral. |
| ChartMill Relative Strength | 68.96 | NEUTRAL | FOOD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FOOD.CA is below a declining 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 | MIXED | The current price of FOOD.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.3 | NEUTRAL | The RSI value for FOOD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FOOD.CA has a negative trend. |
| Stochastics (14,3) | 7.87 | OVERSOLD | The low Stochastics value suggests FOOD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.38 | HIGH VOLATILITY | The high ATR as a percentage value for FOOD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.19 | POSITIVE | The high ADX value value for FOOD.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.31 | 0.27 | 0.04 (13.40%) | 7.46% |
| An entry @0.31. This is a Buy Stop order right above the 10 day moving average. | An exit @0.27. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 13.40%. | When investing 7.46% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:FOOD (10/31/2025, 7:00:00 PM)
0.28
0 (0%)
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 6 / 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 Bullish.
What is the RSI signal for GOODFOOD MARKET CORP (FOOD.CA) stock?
GOODFOOD MARKET CORP (FOOD.CA) has an RSI value of 45.2955. 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 -0.0043239, indicating a bearish trend.
What is the support and resistance level for FOOD stock?
GOODFOOD MARKET CORP (FOOD.CA) has a support level at 0.27 and a resistance level at 0.3. Check the full technical report for our detailed analysis of FOOD.CA support and resistance levels.