VERY GOOD FOOD CO INC/THE (VGFC) Stock Technical Analysis
USA - NASDAQ:VGFC - CA88340B1094 - Common Stock
We assign a technical rating of 0 out of 10 to VGFC. VGFC'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 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
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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. |
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0 (-1.9%)
VERY GOOD FOOD CO INC/THE / VGFC FAQ
What is the technical rating for VGFC stock?
ChartMill assigns a technical rating of 0 / 10 to VGFC.
What is the trend direction for VGFC stock?
The current trend direction for VERY GOOD FOOD CO INC/THE (VGFC) is Bearish.
Can you provide the RSI signal for VERY GOOD FOOD CO INC/THE?
VERY GOOD FOOD CO INC/THE (VGFC) has an RSI value of 31.8235. This indicates that the stock is currently neutral.
What is the MACD signal for VERY GOOD FOOD CO INC/THE (VGFC) stock?
The MACD indicator for VERY GOOD FOOD CO INC/THE (VGFC) has a value of -0.000953029, indicating a bearish trend.
What is the short term momentum for VERY GOOD FOOD CO INC/THE (VGFC) stock?
The short term momentum for VERY GOOD FOOD CO INC/THE (VGFC) is negative.