Foresight Autonomous Holdings Ltd. (FRSX) on Focus After Forming Bearish Double Bottom

October 2, 2018 - By Linda Rogers

The chart of Foresight Autonomous Holdings Ltd. (FRSX) shows a double bottom with $2.69 target or 8.00 % below today’s $2.92 share price. The 9 months chart pattern indicates high risk for the $72.55M company. It was reported on Oct, 2 by If the $2.69 price target is reached, the company will be worth $5.80M less. Double bottoms are rare but powerful chart patterns.

The stock decreased 2.34% or $0.07 during the last trading session, reaching $2.92. About 1,795 shares traded. Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) has declined 49.32% since October 2, 2017 and is downtrending. It has underperformed by 64.94% the S&P500.

Another recent and important Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) news was published by which published an article titled: “30 Stocks Moving In Wednesday’s Pre-Market Session” on September 12, 2018.

Foresight Autonomous Holdings Ltd., a technology company, designs, develops, and commercializes advanced driver assistance systems for accident prevention. The company has market cap of $72.55 million. The Company’s systems are designed to provide real-time information about the vehicle's surroundings while in motion. It has a 6.95 P/E ratio.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:

Recent Market News