Risk-off market mood pushes these downward trending stocks even lower

The main stocks that are plunging: Canopy Growth Corporation, Foresight Autonomous Holdings Ltd., Bright Mountain Media, Inc.

The leading indices are slipping — Nasdaq trades at 11,935 after losing 0.8%. S&P 500 slipping 0.45% and closing at 4,090.27.

On the flip side, United States Crude Oil Inventories came out at 597,000, better than analyst estimates of -583,000 and improving upon the previous reading of -3.74 million.

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.

| Canopy Growth | a 43 cents (-22.84%) fall over 15 days

Having fallen 1.3% from $1.54 in the current session, Canopy Growth Corporation is now trading at $1.52. As the session draws to a close, the cannabis producer is recovering but is not all the way back to $1.54 after dipping down to $1.51 today.

| Foresight Autonomous | a 30.29% fall over a 15 day period

Having fallen 10.49% from 38.6 cents in the current session, Foresight Autonomous is now trading at 34.55 cents. As the current session draws to a close, the autonomous driving system developer is hovering around the 34.55 cents level after closing yesterday at 38.6 cents and dropping by 10.49%. As things stand, trading volume is at 308,002, above the 21-day average of 146,001.

Bright Mountain Media continues a 5 day downtrend; drops 9.09% this session

Having fallen 9.09% from 11 cents in the current session, Bright Mountain Media is now trading at 10 cents. Bright Mountain Media is down to 10 cents, after ending yesterday at 11 cents. Overall, a 9.09% loss or 1 cents today. The trading volume is at 18,500, 152% above the 21-day average of 12,143.