FIGS, Inc., SuperCom Ltd., CureVac N.V. have been the noticable stocks on a downtrend. Here is what you need to know.

Markets did not have a clear cut direction — Dow Jones gained 0.12% and closed at 33,431. Nasdaq closed 11,676 after a stable day.

Current market events are being influenced by ambiguous macro data as United States Factory Orders beat the -1.8% projections, with -1.6%.

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.

| FIGS | continues a 13 day decline; falls 5.82% yesterday

Yesterday's session continued the recent downtrend: pronounced bearish market sentiment ensured that the US apparel company made a notable 5.82% loss yesterday, declining 39 cents and ultimately closing at $6.31. After setting a $6.26 – $6.79 range, FIGS closed the day 5.82% lower at $6.31. Daily trading volume (6.84 million shares) increased, making up 154% of the 21-day average (4.44 million).

The company is currently trading with a market cap of $1 billion with an average daily trading volume of 4.44 million shares. Having set a significant high of $23.19 11 months ago, the US apparel company is trading 71.11% lower. $144.90 million was FIGS's last reported revenue with 5 cents being the current EPS.

SuperCom continues a 20 day downtrend; slides down 1.14% yesterday

Yesterday's session continued down the same path: although SuperCom increased from $1.76 to $1.84, the stock dropped back and is now priced at $1.74. After setting a $1.74 – $1.84 range, SuperCom closed the day 1.14% lower at $1.74. Trading volume totalled 14,857 which equates to around 32% of the stock's 21-day average yesterday.

SuperCom's market cap currently stands at $6.32 million with an average daily volume of 46,927 shares. 29 days ago the integrated solutions provider reached a significant high of $2.69 but has consequently lost 34.57% since then. The stock has been trending positively for about 3 months.

| CureVac | continues a 23 day decline; withdraws 6% yesterday

After setting a $7.61 – $8.25 range, CureVac closed the day 6% lower at $7.69. After ending Friday at $8.18, CureVac dropped to $7.61 early in yesterday's session and closed at $7.69. In total, it lost 6%. The day's trading volume totalled 666,629 shares — below the 21-day average of 1.27 million.