FRGT.O Surges Past 5-Day SMA, Indicating Bullish Trend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 19 Nov 25
Source: Coinmarketcap
Shares of FRGT.O experienced a notable uptick today, crossing above the 5-day simple moving average (SMA) for the first time in several weeks. This technical breakout suggests a shift in momentum, indicating potential bullish sentiment among investors. The recent price action may be attributed to positive market sentiment following the company's announcement of an upcoming product launch, which analysts believe could drive significant revenue growth. As the stock gains traction, traders will be closely monitoring further developments to assess the sustainability of this upward trend.
Analyst Views on FRGT
About FRGT
Freight Technologies, Inc. is a technology company offering a diverse portfolio of platform solutions powered by artificial intelligence (AI) and machine learning to optimize and automate the supply chain process. The Company’s portfolio of solutions includes the Fr8App platform for over-the-road (OTR) B2B cross-border shipping across the USMCA region; Fr8Now, a specialized service for less-than-truckload (LTL) shipping; Fr8Fleet, a dedicated capacity service for enterprise clients in Mexico; Waavely, a digital platform for ocean freight booking and management of container shipments between North America and ports worldwide and Fleet Rocket, a transportation management system (TMS) for brokers, shippers, and other logistics operator together, each product is interconnected within a unified platform to connect carriers and shippers and improve matching and operation efficiency via technologies, such as live pricing and real-time tracking, digital freight marketplace, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
