FORBIDDEN SPIRITS DISTILLING (VDKA.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:VDKA - CA34519R1038 - Common Stock
Taking everything into account, VDKA scores 0 out of 10 in our technical rating. VDKA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, VDKA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.02. Right above this resistance zone may be a good entry point.
More info and screens
0.01
We found 1 important support area.
- Support @0.01 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for VDKA.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VDKA.CA is down. |
| ChartMill Relative Strength | 3.92 | NEGATIVE | VDKA.CA has a low relative strength, it was outperformed by 96.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VDKA.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VDKA.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VDKA.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.57 | NEUTRAL | The RSI value for VDKA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests VDKA.CA has a positive trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for VDKA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 23.33 | HIGH VOLATILITY | The high ATR as a percentage value for VDKA.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.91 | NEGATIVE | The low ADX value for VDKA.CA suggests a weak or negative trend. |
TSX-V:VDKA (5/5/2023, 7:00:00 PM)
0.015
0 (0%)
FORBIDDEN SPIRITS DISTILLING / VDKA.CA FAQ
What is the technical rating for VDKA stock?
ChartMill assigns a technical rating of 0 / 10 to VDKA.CA.
Can you provide the trend direction for FORBIDDEN SPIRITS DISTILLING?
The current trend direction for FORBIDDEN SPIRITS DISTILLING (VDKA.CA) is Bearish.
Can you provide the RSI signal for FORBIDDEN SPIRITS DISTILLING?
FORBIDDEN SPIRITS DISTILLING (VDKA.CA) has an RSI value of 48.5703. This indicates that the stock is currently neutral.
What is the MACD signal for VDKA stock?
The MACD indicator for FORBIDDEN SPIRITS DISTILLING (VDKA.CA) has a value of 0.0000616841, indicating a bearish trend.
Can you provide the support and resistance levels for FORBIDDEN SPIRITS DISTILLING?
FORBIDDEN SPIRITS DISTILLING (VDKA.CA) has a support level at 0.01 and a resistance level at 0.02. Check the full technical report for our detailed analysis of VDKA.CA support and resistance levels.