Trend Innovations Holding (OTCMKTS:TREN) Stock Extends Rally After A Major Development

Company specializing in innovative technologies harnessing artificial intelligence, Trend Innovations Holding (OTCMKTS:TREN), has ‘Thy News application’ as one of the key projects. The application has convenient control as well as the capability to read news on topics of interest.

Trading Data

On Wednesday, TREN stock moved 4.73% to $1.55 with more than 10K shares, compared to its average volume of 1K shares. The stock moved within a range of $1.2250 – 1.5500 after opening trade at $1.30.

Trend Innovations Holding Inc. about plans to add a new section “Podcasts”

Search database collects news from different information sources. The user isn’t limited to preset sources but is given different ways to personalize service. The company aims to make a new service “Podcasts” in the news aggregator.

Podcast, a thematic audio blog, can be listened to or downloaded online with each issue having a different theme. They are a useful medium for modern audiences to consume information. The audience is used to the part of fresh information coming in. People also listen to podcasts during cooking, cleaning, or even just having a morning cup of coffee.

Thy News is planning a line of podcasts about trends globally in business, education, finance, culture, ecology, and lifestyle amongst others. The catalog will have over 100 different directions with collections of podcasts on this topic. Users can choose their options.

The application is being managed by a team working on developing application studies as well as constantly monitoring global trends in news consumption. It also has articles from the domain of blockchain as well as digital currencies, as they gain popularity.

Technical Data

TREN stock is trading below the 20-Day and 50-Day Moving averages of $1.40 and $1.33 respectively. Moreover, the stock is trading below the 200-Day moving average of $1.47. The company has a total market capitalization of $41 million.