NGTF1Y
RSI is almost oversold.
MFI is between the mid ranges.
5Y
RSI has been oversold and looks to be continuing with that trend.
MFI is decreasing.
ALL
RSI is falling.
MFI is stable.
Prediction: I see it falling closer to the previous bottom around 0.08 to 0.1 range.
For my educational purpose, not to be used as financial advice.
NGTF trade ideas
Nightfood LongReally strong weekly chart here!
I like the idea of their product; Ice Cream that promotes sleep!
Also, to just mention some other news about the stock;
Updated packaging for stronger shelf-presence
Nightfood is now available through both UNFI and KeHE, the two largest distributors of natural and better-for-you products in North America
In addition to UNFI and KeHE, Nightfood has established distribution with C&S Wholesale Grocers, the largest wholesale grocery distributor in the United States, and Vistar, the leading national distributor in non-traditional retail, including hotels & hospitality, campus retail, and more.
317% increase in pints sold from prior year
268% increase in store count during fiscal 2020
New distribution into divisions of Kroger, Albertsons, and H-E-B, three of the larger supermarket chains in the country.
$NGTF Sets Up Next Leg HigherNGTF shares found key support on the retest of the range breakout zone after catching an RSI trend buy signal.
Now, it's time to go and retest the breakout trigger zone around $0.35 for the next leg of the move.
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Nightfood Holdings Inc. (OTCMKTS:NGTF)
• Disruptor in a fifty billion dollar food and beverage space with credible and unique solution to mainstream problem
• Award-winning core product developed by prominent globally-recognized experts in nutrition and sleep science
• Sequential q/q growth of 275% in revenues and 256% in cash reserves
• Nightfood Ice Cream featured on Today Show, Oprah Magazine, the Wall Street Journal, CNN, USA Today, Washington Post, Food Network, Fox Business, People Magazine, and Fast Company
• Has won multiple awards, including 2019 Product of the Year in the ice cream category in a Kantar survey of 40,000 consumers, as well as the World Dairy Innovation Award for Best New Ice Cream of 2019.
• Similar brand recently acquired for over a billion dollars by Wells
There’s an undeniable problem – nighttime snacking – that haunts all humans for a set of very basic and essential reasons: unhealthy cravings intensify later in the day (proven scientific fact) when willpower is weakest, unhealthy foods do more damage at night because of our metabolic circadian rhythm, and foods high in fats and sugar (among other things) create poor sleeping experiences, which then interfere with our lives in pervasive ways.
Nightfood is a company on a mission to help solve this problem and, in the process, to capitalize on a massive market opportunity. And it just may be the next billion dollar brand in the making – the company is pursuing a playbook used by other ice cream start-ups that made it to the billion-dollar level.
The company’s big hit product – Nightfood Ice Cream – was developed by a prestigious team of globally recognized experts in sleep and nutrition.
Possibly, the closest analogy to Nightfood is “Halo Top Creamery”, a healthy, low-calorie ice cream brand that saw stunning growth 5 years ago, going from $230K in sales in 2013 to over $300 million just four years later before selling to ice cream giant Wells in 2019 at an estimate of over $1B. Talenti is another core example – recently bought out by Unilever, also for over a Billion Dollars.
Right now, Nightfood is ahead of schedule for a similar fate, with more traction and more buzz at this stage than either Halo Top or Talenti.
$NGTF Breakout Points to 75%-100% Initial Upside TargetNGTF breakout continues... downtrend line is toast, Bullish MACD divergence in the base, upside target above $0.50 on initial extension.
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A Billion Dollar Company in a $20M Disguise?
• Disruptor in multi-trillion dollar food and beverage space with credible and unique solution to mainstream problem
• Award-winning core product developed by legitimate globally-recognized experts in nutrition and sleep science
• Sequential q/q growth of 275% in revenues and 256% in cash reserves
• Nightfood Ice Cream featured on Today Show, Oprah Magazine, the Wall Street Journal, CNN, USA Today, Washington Post, Food Network, Fox Business, People Magazine, and Fast Company
• Has won multiple awards, including 2019 Product of the Year in the ice cream category in a Kantar survey of 40,000 consumers, as well as the World Dairy Innovation Award for Best New Ice Cream of 2019.
• Similar brand recently acquired for over a billion dollars by Unilever
NGTF is about growth and growth potential for an ice cream start-up with strong traction and truly unique market positioning – while it has won awards just for flavor, it also stands out in the market as a potentially dominant product in a new niche: nighttime foods.
Nighttime foods is emerging as a niche as we learn about how metabolism and psychology around foods is different around bedtime and in terms of what sorts of foods help people sleep well.
NGTF has optimized this niche in the ice cream category, which is a $9.7B market inside of the $9.5T global food and beverage market.
NGTF is similar to two other brands: Halo Top Creamery and Talenti, both of which grew from levels similar to where NGTF is now to a billion dollar value in a very short span of a few years.
NightFood Ice Cream is blowing up: it has recently been featured on the Today Show, Oprah Magazine, the Wall Street Journal, CNN, USA Today, Washington Post, Food Network, Fox Business, People Magazine, and Fast Company.
The company now has an agreement with a firm that executes in-store promotions in Stop & Shop, Giant, Food Lion, Albertsons, Safeway, Shaw’s, Jewel-Osco, Kroger, Harris Teeter, Ralph’s, Fred Meyer, Lowes Foods, Publix, H.E.B., Wakefern, ShopRite, and Hy-Vee supermarket chains.
It also has a sales director with blue-chip experience and has already moved onto the shelves of multiple top 10 US supermarkets in a permanent capacity.
So there’s traction here in a unique corner of a high-potential market niche with past successes that demonstrate the remarkable possibilities here
$NGTF Breakout Underway on Small Float and Big GrowthNGTF shares are in breakout mode.
Not only is the company apparently massively undervalued relative to its operational trajectory and market positioning, but the stock is starting to show signs of being poised for dramatic upside potential.
After breaking its former downtrend line in a technical basing formation, NGTF shares (and there are only about 35 million of them rattling around on the float) just broke above a range resistance barrier. That breakout following a three-point bullish divergence in MACD and RSI, meaning that momentum has been turning higher under the surface for some time.
Key Points:
• NGTF has secured ice cream distribution in multiple Top-10 supermarket chains in the United States
• NGTF has a small trading float of just 35M, which suggests the stock could launch higher on any additional influx of interest.
• NGTF is making real money, with trailing revs already coming in at $456K.
• NGTF is starting to see major topline growth, with quarterly y/y revs increasing at 102%, and q/q revs growing at 275%.
• NGTF’s biggest shareholder has agreed to a long-term share lock-up agreement, keeping the stock free of heavy supply on future rallies.
• NGTF is coming off three-point bullish divergences in both MACD and RSI indicators after breaking its prior downtrend line.
The chart agrees with the fundamentals right now in NGTF: the company appears to be a potential billion-dollar brand still selling equity under the guise of a $20 million holdings company. That may present an enormous opportunity for current and prospective investors in ahead of the crowd on future growth revelations.
Nightfood has already achieved brand attention and an expanding distribution footprint. As the scope and reach of sales increases, one might expect the cost per unit to dive and the market to suddenly find itself trying to price a rapidly growing profitable company being approached by bigger brands in search of an acquisition target.