Stock Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
Goodfood Market Corp (TSE:FOOD)
Countertrend Down (-85) - FOOD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid FOOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for FOOD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FOOD
The long-term trend has been DOWN since Nov 3rd, 2021 at 7.54
The intermediate-term trend has been DOWN since Apr 26th, 2023 at 0.55
The short-term trend has been UP since Jun 5th, 2023 at 0.49
Smart Scan Analysis for FOOD
Based on our trend formula, FOOD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.31||Year High Date||2018-09-28|
|Year Low||2.1||Year Low Date||2018-05-08|
|52wk High||3.31||52wk High Date||2018-09-28|
|52wk Low||1.9||52wk Low Date||2017-12-07|