FREIGHT TECHNOLOGIES INC (FRGT)

VGG514131215 - Common Stock

0.7  -0.03 (-4.11%)

After market: 0.7133 +0.01 (+1.9%)

Technical Rating and Analysis

0

Taking everything into account, FRGT scores 0 out of 10 in our technical rating. FRGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FRGT is a bad performer in the overall market: 100% of all stocks are doing better.
FRGT is one of the lesser performing stocks in the Air Freight & Logistics industry. 100% of 17 stocks in the same industry do better.
FRGT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month FRGT has a been trading in the 0.63 - 1.34 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Weekly and Daily overview Charts
FRGT Weekly chart
FRGT Daily chart
Setup Rating and Analysis

4

FRGT has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.69

0.75

We found 1 important resistance area.

  • Resistance @0.74 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.38
Mansfield-8.54
10 Day High0.77
10 Day Low0.63
20 Day High1.34
20 Day Low0.63
52 Week High14
52 Week Low0.63
Performance
1 Week8.86%
2 Weeks2.94%
1 Month-21.44%
3 Month-69.7%
6 Month-78.75%
12 Month-93.97%
2 Year-99.61%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)35.91
LBB0.62
UBB0.78
FRGT Daily chart

FREIGHT TECHNOLOGIES INC

NASDAQ:FRGT (5/17/2024, 7:00:01 PM)

After market: 0.7133 +0.01 (+1.9%)

0.7

-0.03 (-4.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-4.11%
1 Week8.86%
2 Weeks2.94%
1 Month-21.44%
3 Month-69.7%
6 Month-78.75%
12 Month-93.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%14.37%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.77
10 Day Low0.63
20 Day High1.34
20 Day Low0.63
52 Week High14
52 Week Low0.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume368.90K
Volume Incr-74.97%
Vol(5)461.00K
Vol(50)905.35K