Foresight Autonomous Holdings Ltd., Catalent Inc, Canopy Growth Corporation and others have been dropping. Here is what you should know.

Leading equity indices in the US declined as after dropping 0.42%, Dow Jones closed at 33,900. Nasdaq shed 0.35% and closed at 12,123.

What is a downtrend?

The perceived tendency of a price to move in a downward direction over time. A downtrend describes the price movement of a continously depreciative financial asset over a particular time frame. In a downtrend, each successive low and peak is lower than the ones found earlier in the trend. The downtrend is therefore composed of lower swing lows and lower swing highs.

| Foresight Autonomous | continues an 18 day decline; retreats 4.65% Friday

After setting a 30.2 cents – 34.76 cents range, Foresight Autonomous Holdings Ltd. closed the day 4.65% lower at 32.8 cents. After ending Thursday at 34.4 cents, Foresight Autonomous declined to 30.2 cents Friday before closing at 32.8 cents, thereby losing 4.65% in total. Daily trading volume (587,844 shares) increased, making up 300% of the 21-day average (194,734).

| Catalent | 31.13% ($3.95) depreciation over 5 days (79 cents per day average)

After setting a $45.09 – $50.7 range, Catalent closed the day 26.84% lower at $46.32. Catalent traded at $46.32 after making its biggest single-day drop of $17 (26.84%) since November 2022. After ending Thursday at $63.31, Catalent dropped to $45.09 early in Friday's session and closed at $46.32. In total, it lost 26.84%. Daily trading volume (21.45 million shares) was higher than the current multiday average of 2.55 million.

Canopy Growth continues an 18 day downtrend; falls 5.3% Friday

Friday's session continued the recent downtrend: early in Friday's session, Canopy Growth dropped to $1.43 from $1.51 at the end of Thursday, before closing at $1.43. During the session, it lost 5.3%. After setting a $1.43 – $1.52 range, Canopy Growth closed the day 5.3% lower at $1.43. Daily trading volume (6.37 million shares) was slightly greater than the current multiday average of 5.57 million.

Canopy Growth's market cap is currently $733 million with an average daily trading volume of 5.57 million shares. Canopy Growth hit a significant low of $1.43 around 3 days ago, but has since recovered 5.59%. So far this year, it has been doing worse than the Nasdaq by 51.09%. Pointing downwards for around 2 months. Canopy Growth's last revenue report was $113,349 with an EPS of -35 cents.