The main stocks that are plunging: Advance Auto Parts Inc, Canopy Growth Corporation, Mullen Automotive, Inc.

The leading indices are climbing up — Dow Jones goes up 2.24%, trading at 33,800. S&P 500 up 1.64%, trading at 4,290.

Uptick coincides with some positive signs published earlier as data for United States Non Farm Payrolls published today at 12:30 UTC came out at 339,000, beating projections of 180,000 and showing improvement over the preceding figure of 294,000.

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.

| Advance Auto Parts | a 43.27% fall over an 8 day period

Having fallen 0.4% from $68.03 in the current session, Advance Auto Parts Inc is now trading at $67.76. Yesterday's session ended at $68.03; today, the US auto aftermarket parts provider dropped to its lowest point in 10 years at $66.27. It later recovered $1.49 and is now trading at $67.76. Slightly weaker but mostly flat: Advance Auto Parts is currently trading at $67.76 as it maintains an active range between $66.27 and $69. Current trading volume stands at 5.47 million; 224% above the 21-day average of 2.44 million. The firm disclosed a quarterly dividend of $1.5 per share on Tuesday, February 21st and was paid on Friday, April 28th — thereby generating a yield of 8.85% for all eligble shareholders.

| Canopy Growth | a 33.51 cents (-29.24%) fall over 8 days

Having fallen 0.84% from 83.49 cents in the current session, Canopy Growth is now trading at 82.79 cents. Slightly weaker but mostly flat: Canopy Growth is currently trading at 82.79 cents as it maintains an active range between 81.72 cents and 86.42 cents.

| Mullen Automotive | a 23.09% fall over a 5 day period

Having fallen 1.54% from 74.45 cents in the current session, Mullen is now trading at 73.3 cents. Slightly weaker but mostly flat: Mullen is currently trading at 73.3 cents as it maintains an active range between 72 cents and 77 cents.