GOODFOOD MARKET CORP (FOOD.CA) Technical Analysis
TSX:FOOD • CA38217M1005
We assign a technical rating of 0 out of 10 to FOOD. FOOD's overall performance in the market is below average. Also 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.
- 92% of all other stocks performed better in the past year than FOOD.
- FOOD is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 100% of 16 stocks in the same industry do better.
- In the last month FOOD has a been trading in the 0.23 - 0.31 range, which is quite wide. It is currently trading near the lows of this range.
- FOOD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FOOD is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, FOOD does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.26. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FOOD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.23
We found 2 important support areas.
- Support @0.24 from a horizontal line in the weekly time frame.
- Support @0.23 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance 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.
- Resistance @0.34 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.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FOOD.CA is down. |
| ChartMill Relative Strength | 8.99 | NEGATIVE | FOOD.CA has a low relative strength, it was outperformed by 91.01% off all stocks 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) | DOWN | NEGATIVE | The current price of FOOD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOOD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.25 | NEUTRAL | The RSI value for FOOD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FOOD.CA has a positive trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for FOOD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.55 | HIGH VOLATILITY | The high ATR as a percentage value for FOOD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.77 | NEUTRAL | The ADX value for FOOD.CA suggests a possible start of a new trend. |
FOOD.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:FOOD (3/12/2026, 7:00:00 PM)
0.25
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 0 / 10 to FOOD.CA.
What is the current trend direction of GOODFOOD MARKET CORP (FOOD.CA) stock?
The current trend direction for GOODFOOD MARKET CORP (FOOD.CA) is Bearish.
What is the RSI signal for FOOD stock?
GOODFOOD MARKET CORP (FOOD.CA) has an RSI value of 45.2534. This indicates that the stock is currently neutral.
What is the MACD signal for FOOD stock?
The MACD indicator for GOODFOOD MARKET CORP (FOOD.CA) has a value of 0.000938615, indicating a bearish trend.
Can you provide the support and resistance levels for GOODFOOD MARKET CORP?
GOODFOOD MARKET CORP (FOOD.CA) has a support level at 0.24 and a resistance level at 0.26. Check the full technical report for our detailed analysis of FOOD.CA support and resistance levels.