Not a good buy right now: the broader trend is still bearish (SMA_200 > SMA_20 > SMA_5) and there are no proprietary buy signals to justify jumping in pre-market.
The pre-market pop to 1.25 (+5.93%) looks like a rebound attempt inside a downtrend; without a clear catalyst, upside follow-through is less reliable.
With an impatient investor profile (no scenario provided but unwilling to wait), the setup is unfavorable because price is still below the key pivot (1.347) and fundamentals are weak; I would avoid new entries today.
Technical Analysis
Trend: Bearish overall (SMA_200 > SMA_20 > SMA_5), indicating the stock remains in a downtrend despite the pre-market bounce.
Momentum: MACD histogram is positive (0.0238) and expanding, suggesting a short-term rebound attempt is developing.
Overbought/oversold: RSI_6 ≈ 18.0 signals deeply oversold conditions—this can spark sharp bounces, but oversold alone is not a durable buy signal in a strong downtrend.
Key levels: Current pre-market price (1.25) is below Pivot (1.347). Near-term resistance: 1.347 then 1.532. Supports: 1.162 then 1.047.
Pattern-based forward view (similar candlesticks): 60% chance of -0.29% next day, +0.94% next week, -0.56% next month—suggesting choppy/weak near-term edge rather than a clean uptrend.
Intellectia Proprietary Trading Signals: No signal on given stock today.
Short-term technical rebound potential: RSI is deeply oversold and MACD histogram is positive/expanding.
Pre-market strength (+5.93%) could attract short-term momentum traders if it reclaims the pivot (1.347).
Neutral/Negative Catalysts
increases the risk that any bounce is sold into.
Financial Performance
Latest reported quarter: 2025/Q3.
Revenue: 735,830 (YoY change shown as 0.00%), implying no meaningful growth trend in the provided snapshot.
Profitability: Net income -3,267,429 and EPS -5.64 (still deeply loss-making).
Gross margin: -213.03 (extremely weak; indicates costs far exceed revenue in the period), reinforcing poor unit economics in the snapshot.
Overall: Financials in the provided quarter do not show improving fundamentals that would support a confident buy-the-dip entry.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
No analyst rating or price target change data provided, so there is no observable positive trend in Wall Street sentiment.
Wall Street pro view (based on available data): Pros—none evidenced by rating/target upgrades. Cons—lack of coverage/updates and weak profitability metrics reduce the case for a near-term fundamental re-rating.
Wall Street analysts forecast FRGT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FRGT is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Analyst Rating
0
Wall Street analysts forecast FRGT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FRGT is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
