After dropping down to $1, the controlled environment agriculture pioneer recovers some losses and is currently trading at $1.05.
- United States Existing Home Sales (Jan) is next.
- While mostly sideways today, Village Farms is on a 12 day bearish trend during which it lost 13 cents.
Here is the technical analysis of Village Farms before macro data is released:
Analysis of Village Farms's recent price action suggests after reaching the $1 support zone, Village Farms International, Inc. bounced and climbed 3 cents above it.
Coming up for Village Farms — United States Existing Home Sales (Jan) scheduled to come out today at 15:00 UTC. United States FOMC Meeting Minutes is expected tomorrow at 19:00 UTC.
As the markets get ready for more data to be released — Procter & Gamble was up 2.09%. Coca-Cola traded at $60.12 after closing Friday's trading day at $59.22 (up 1.52%). Walmart was up 1.5%.
The controlled environment agriculture pioneer has fallen back around 82.79% over the past 10 months, from a notable high of $6.1.