Freight Technologies (FRGT, $2.08) price may drop as it broke higher Bollinger Band on May 02, 2025

#PackagedSoftware, #TechnicalAnalysis, #Bollinger, #Bearish, #PennyStocks, #NanoCap
FRGT - Freight Technologies Inc
Bollinger signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $2.08
Daily change: +$1.0952 (+111.21%)
Daily volume: 164M
Capitalization: $4.7M
Industry: Packaged Software

This price move could be a signal that FRGT may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 37 similar cases where FRGT's price broke its higher Bollinger Band, and 36 of them led to a successful outcome. Odds of Success: 90%.