Range-bound market sets stage for these 3 stocks to continue their downtrends

Curaleaf Holdings, Inc., Otonomo Technologies Ltd., Foresight Autonomous Holdings Ltd. and others have been slumping.

Markets did not have a clear cut direction — Dow Jones closed the day at 33,600, having gained 0.3%. S&P 500 closed 4,109 after a stable day.

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.

| Curaleaf | continues a 26 day decline; withdraws 2.71% today

After setting a $2.32 – $2.44 range, Curaleaf Holdings, Inc. closed the day 2.71% lower at $2.37. After ending Thursday at $2.44, Curaleaf dropped to $2.32 early in today's session and closed at $2.37. In total, it lost 2.71%. Today's trading volume was 395,753 shares which is lower than the 21-day average of 925,285.

| Otonomo | 30.31% (15.54 cents) depreciation over 9 days (1.7267 cents per day average)

After setting a 37 cents – 39.02 cents range, Otonomo closed the day 2.54% lower at 38.01 cents. The car data exchange platform has recovered almost all of its session losses after dipping down to 37 cents today. The day's trading volume totalled 242,735 shares — slightly under the 21-day average of 255,432.

Foresight Autonomous continues a 14 day downtrend; slides down 3.92% today

More of the same from today's session: after ending Thursday at 40 cents, Foresight Autonomous declined to 35.4 cents today before closing at 38.43 cents, thereby losing 3.92% in total. After setting a 35.4 cents – 40 cents range, Foresight Autonomous closed the day 3.92% lower at 38.43 cents. Daily trading volume (352,627 shares) was above the current multiday average of 157,219.

Foresight Autonomous has a market cap of $28.37 million with an average daily trading volume of 157,219 shares. Over the past 11 months, the sensor manufacturer has retreated 59.26% from a noteworthy peak of 98.18 cents. Pointing downwards for around 2 months. Foresight Autonomous has a forecast of $250,000 with an EPS of -5 cents.

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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DraftKings traders look to claw back Monday's 1.2% decline to maintain ongoing trend

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