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Stock Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Freight Technologies, Inc. - Ordinary Shares (NASDAQ:FRGT)
Countertrend Down (-85) - FRGT 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 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.
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MarketClub’s Trade Triangles for FRGT
The long-term trend has been DOWN since Mar 15th, 2023 at 0.1815
The intermediate-term trend has been DOWN since Apr 24th, 2023 at 1.6350
The short-term trend has been UP since May 25th, 2023 at 1.2500
Smart Scan Analysis for FRGT
Based on our trend formula, FRGT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1800 | 1.2100 | 1.1500 | 1.1689 | -0.0511 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2200 | 102327 | 2023-06-05 15:59:48 |
| 52wk High | 31.512 | 52wk High Date | 2022-07-26 |
| 52wk Low | 1.12 | 52wk Low Date | 2023-05-19 |
| Average Volume | 293,679 | Shares Outstanding | 291 |