Foresight Autonomous shares surge 16.0% premarket as stock crosses 5-day SMA amid broader market gains.
ByAinvest
Friday, Mar 13, 2026 7:53 am ET1min read
FRSX--
Foresight Autonomous Holdings (FRSX.O) surged 16% in premarket trading, driven by broad market strength and technical indicators. The stock crossed above its 5-day simple moving average, signaling short-term bullish momentum, while the Nasdaq-100 and S&P 500 rose 0.36% and 0.33%, respectively, boosting investor confidence. The positive sentiment aligns with growing optimism about the company’s autonomous vehicle safety technology, particularly as its subsidiary Eye-Net prepares to showcase V2X collision prevention solutions at CES 2026. However, the immediate catalyst for the premarket rally appears tied to broader equity market gains rather than firm-specific news, with analysts noting the technical crossover as a key trigger for the upward move.
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