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April 13, 2023Foresight Autonomous Holdings Ltd., Bright Mountain Media, Inc., Baidu Inc and others have been dropping. Here is what you should know.
The leading indices are climbing up — Nasdaq up to 12,123, gaining 1.62%. S&P 500 up to 4,131.31, gaining 0.96%.
Meanwhile, following a previous reading of 0%, Producer Price Index in United States released today at 12:30 UTC fell short of the 0.1% figure expected by analysts with an actual reading of -0.5%.
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 | a 13.5619 cents (-30.89%) fall over 16 days
Foresight Autonomous Holdings Ltd. drops 4.86% since opening around 35.5 cents tough session sees the sensor manufacturer shedding 4.86% in early trade as things stand, trading volume is at 237,777, above the 21-day average of 159,813.
Bright Mountain Media continues a 7 day downtrend; dips 9.09% this session
Bright Mountain Media drops 9.09% since opening around 10.515 cents Bright Mountain Media is down to 10 cents, after ending yesterday at 11 cents. Overall, a 9.09% loss or 1 cents today. As things stand, trading volume is at 18,500, above the 21-day average of 12,985.
| Baidu | a $23.56 (-16.84%) fall over 11 days
Baidu drops 2.47% since opening around $136.58 tough session sees the Chinese tech giant shedding 2.47% in early trade
