Goodfood Market Corp Stock Technical Analysis

GDDFF Stock  USD 0.33  0.03  8.33%   
As of the 27th of November, Goodfood Market retains the Risk Adjusted Performance of 0.1462, market risk adjusted performance of 0.3266, and Standard Deviation of 5.72. Goodfood Market technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Goodfood Market Corp total risk alpha and potential upside to decide if Goodfood Market is priced fairly, providing market reflects its last-minute price of 0.33 per share. As Goodfood Market Corp appears to be a penny stock we also urge to confirm its jensen alpha numbers.

Goodfood Market Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Goodfood, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Goodfood
  
Goodfood Market's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Goodfood Market technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Goodfood Market technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goodfood Market trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Goodfood Market Corp Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Goodfood Market Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Goodfood Market Corp Trend Analysis

Use this graph to draw trend lines for Goodfood Market Corp. You can use it to identify possible trend reversals for Goodfood Market as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Goodfood Market price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Goodfood Market Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Goodfood Market Corp applied against its price change over selected period. The best fit line has a slop of    , which means Goodfood Market Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.23, which is the sum of squared deviations for the predicted Goodfood Market price change compared to its average price change.

About Goodfood Market Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Goodfood Market Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Goodfood Market Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Goodfood Market Corp price pattern first instead of the macroeconomic environment surrounding Goodfood Market Corp. By analyzing Goodfood Market's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Goodfood Market's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Goodfood Market specific price patterns or momentum indicators. Please read more on our technical analysis page.

Goodfood Market November 27, 2024 Technical Indicators

Most technical analysis of Goodfood help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Goodfood from various momentum indicators to cycle indicators. When you analyze Goodfood charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Goodfood Market November 27, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Goodfood stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Goodfood Pink Sheet analysis

When running Goodfood Market's price analysis, check to measure Goodfood Market's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goodfood Market is operating at the current time. Most of Goodfood Market's value examination focuses on studying past and present price action to predict the probability of Goodfood Market's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodfood Market's price. Additionally, you may evaluate how the addition of Goodfood Market to your portfolios can decrease your overall portfolio volatility.
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