FREIGHT TECHNOLOGIES INC (FRGT) Stock Technical Analysis
NASDAQ:FRGT - Nasdaq - VGG514131397 - Common Stock - Currency: USD
Taking everything into account, FRGT scores 1 out of 10 in our technical rating. FRGT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than FRGT.
FRGT is part of the Air Freight & Logistics industry. There are 22 other stocks in this industry, of which 76% are performing better than FRGT.
FRGT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FRGT is lagging the market.
In the last month FRGT has a been trading in the 0.91 - 3.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
FRGT has an average volume of 5924850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
FRGT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.91
2.00
When analyzing the support we notice one important area.
- Support @0.92 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.85 from a trend line in the daily time frame.
- Resistance @1.98 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.94
Mansfield-7.23
10 Day High2.15
10 Day Low0.92
20 Day High3.49
20 Day Low0.91
52 Week High42.5
52 Week Low0.71
Performance
1 Week-12.18%
2 Weeks-25.38%
1 Month1.78%
3 Month-21.24%
6 Month-32.49%
12 Month-93.99%
2 Year-99.67%
3 Year-99.98%
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)-0.04
RSI(14)45.54
LBB0.67
UBB1.8
0.9924
+0.06 (+6.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg6.66%
1 Week-12.18%
2 Weeks-25.38%
1 Month1.78%
3 Month-21.24%
6 Month-32.49%
12 Month-93.99%
2 Year-99.67%
3 Year-99.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%36.4%
ATR Inc-79.37%
Range Today0.12
ADR(20)0.29
ADR(20)%29.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.94
Mansfield-7.23
10 Day High2.15
10 Day Low0.92
20 Day High3.49
20 Day Low0.91
52 Week High42.5
52 Week Low0.71
CS1 End0.92
CR1 Start1.85
Volume & EV
DER(3)-4.6%
DER(5)-6.26%
Volume933.60K
Volume Incr-92.96%
Vol(5)1.01M
Vol(50)5.92M