VERY GOOD FOOD CO INC/THE (VGFC) Stock Technical Analysis
NASDAQ:VGFC - Nasdaq - CA88340B1094 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to VGFC. VGFC 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.
99% of all other stocks performed better in the past year than VGFC.
VGFC is part of the Food Products industry. There are 91 other stocks in this industry, of which 90% are performing better than VGFC.
VGFC 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.
In the last month VGFC has a been trading in the 0.05 - 0.09 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
VGFC has an average volume of 12723000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of VGFC 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
0.05
0.09
2 important resistance areas can be observed.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.09 from a trend 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 VGFC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VGFC is down. |
| ChartMill Relative Strength | 1.41 | NEGATIVE | VGFC has a low relative strength, it was outperformed by 98.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VGFC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VGFC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VGFC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.82 | NEUTRAL | The RSI value for VGFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests VGFC has a negative trend. |
| Stochastics (14,3) | 14.39 | OVERSOLD | The low Stochastics value suggests VGFC may be oversold. |
| Average True Range in percent/ATR (20) | 15.5 | HIGH VOLATILITY | The high ATR as a percentage value for VGFC suggests high volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for VGFC 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)
0.0515
0 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.9%
1 Week-25.79%
2 Weeks-25.9%
1 Month-29.36%
3 Month-53.52%
6 Month-77%
12 Month-90.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%15.5%
ATR Inc-8.37%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.41
Mansfield-7.8
10 Day High0.09
10 Day Low0.05
20 Day High0.09
20 Day Low0.05
52 Week High0.78
52 Week Low0.05
CS1 EndN/A
CR1 Start0.08
Volume & EV
DER(3)-4.62%
DER(5)-4.28%
Volume18.83M
Volume Incr89.64%
Vol(5)20.03M
Vol(50)12.72M