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Stock Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Freight Technologies, Inc. - Ordinary Shares (NASDAQ:FRGT)

Long-Term Downtrend (-90) - FRGT is in a strong downtrend that is likely to continue. While FRGT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid FRGT?

MarketClub looks at technical strength and momentum to determine if the timing is right for FRGT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FRGT
Open High Low FRGT Price Change
0.6679 0.6700 0.6501 0.6602 -0.0180
Entry Signal

MarketClub’s Trade Triangles for FRGT

long term down The long-term trend has been DOWN since Jan 23rd, 2024 at 0.2520

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2024 at 1.8600

short term down The short-term trend has been DOWN since May 23rd, 2024 at 0.6955

Smart Scan Analysis for FRGT

Based on our trend formula, FRGT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FRGT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6679 0.6700 0.6501 0.6602 -0.0180
Prev. Close Volume Bid Ask Time
0.6600 127035 2024-05-24 15:59:21
52wk High1452wk High Date2023-12-14
52wk Low0.6352wk Low Date2024-05-14
Average Volume1,850,000Shares Outstanding29
Assets10,678,946MLiabilities8,051,965M
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