FORBIDDEN SPIRITS DISTILLING (VDKA.CA) Technical Analysis
TSX-V:VDKA • CA34519R1038
Current stock price
VDKA.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to VDKA. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than VDKA.
- VDKA is one of the lesser performing stocks in the Beverages industry. 110% of 11 stocks in the same industry do better.
- VDKA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so VDKA is lagging the market.
- In the last month VDKA has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
VDKA.CA Weekly and Daily overview Charts
VDKA.CA Setup Rating and Analysis
VDKA has a bad 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 0.02. Right above this resistance zone may be a good entry point.
More info and screens
VDKA.CA Support and Resistance Analysis
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.
VDKA.CA Technical Indicator Signal Analysis
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. |
VDKA.CA Chart- and CandleStick Pattern Analysis
VDKA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:VDKA (5/5/2023, 7:00:00 PM)
0.015
0 (0%)
FORBIDDEN SPIRITS DISTILLING / VDKA.CA TA FAQ
What is the technical rating for VDKA stock?
ChartMill assigns a technical rating of 0 / 10 to VDKA.CA.
What is the current trend direction of FORBIDDEN SPIRITS DISTILLING (VDKA.CA) stock?
The current trend direction for FORBIDDEN SPIRITS DISTILLING (VDKA.CA) is Bearish.
What is the RSI signal for VDKA stock?
FORBIDDEN SPIRITS DISTILLING (VDKA.CA) has an RSI value of 48.5703. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FORBIDDEN SPIRITS DISTILLING?
The buy/sell signal for FORBIDDEN SPIRITS DISTILLING (VDKA.CA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for VDKA stock?
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.