Curaleaf Holdings, Inc., Otonomo Technologies Ltd., ZIM Integrated Shipping Services Ltd. are at the top of this list of down trending stocks.

Leading equity indices in the US rose as Nasdaq ended the session at 12,100 after a 0.76% gain. S&P 500 gained 0.36% and closed at 4,105.

Uptick coincides with some positive signs published earlier as United States Unemployment Rate came out at 3.5, better than analyst estimates of 3.6 and improving upon the previous reading of 3.6.

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.

Curaleaf continues a 25 day downtrend; goes down 3.72% Thursday

After setting a $2.42 – $2.55 range, Curaleaf Holdings, Inc. closed the day 3.72% lower at $2.44. Early in Thursday's session, Curaleaf dropped to $2.42 from $2.53 at the end of Wednesday, before closing at $2.44. During the session, it lost 3.72%. Thursday's trading volume was 645,749 shares which is slightly below the 21-day average of 914,212.

| Otonomo | continues an 8 day decline; decreases 4.32% Thursday

After setting a 38.1 cents – 43.01 cents range, Otonomo closed the day 4.32% lower at 39 cents. Grinding lower but with no clear-cut direction, the car data exchange platform closed the session at 39 cents after forming a distinct 38.1 cents – 43.01 cents range. Thursday's trading volume was 217,423 shares which is slightly below the 21-day average of 247,429.

ZIM Integrated Shipping Services Ltd. continues a 6 day downtrend; moves 1.31% Thursday

After setting a $17.15 – $17.95 range, ZIM Integrated Shipping Services Ltd. closed the day broadly flat at $17.39. Without a clear direction, ZIM Integrated Shipping Services Ltd. closed at $17.39 while ranging between $17.15 and $17.95. Thursday's trading volume was 4.87 million shares which is slightly below the 21-day average of 6.32 million.