Is Freight Technologies, Inc. technically bullish or bearish?
As of June 11, 2025, the market trend has shifted to mildly bearish, supported by daily moving averages and weekly Dow Theory, despite some mixed signals from the MACD and Bollinger Bands.
As of 11 June 2025, the technical trend has changed from sideways to mildly bearish. The current stance is bearish, driven primarily by the daily moving averages indicating bearish momentum and the weekly Dow Theory also confirming a bearish outlook. While the weekly MACD shows mildly bullish signals, the overall sentiment is tempered by the bearish readings from Bollinger Bands and KST on the weekly timeframe. The RSI indicates no signal on the weekly chart, suggesting a lack of momentum. Overall, the strength of the bearish stance is moderate, influenced by the significant decline in stock performance compared to the S&P 500 over various timeframes.
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