Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Friedman Industries, Incorporated

FRD•NASDAQ
Basic Materials
Steel
$18.33
$0.00(0.00%)
U.S. Market opens in 6h 29m

Friedman Industries, Incorporated (FRD) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Friedman Industries, Incorporated (NASDAQ:FRD).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FRD Technical Analysis Summary

Friedman Industries, Incorporated stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.63)
Trend Strength:Moderate (ADX: 22.55)
Volatility:High (ATR: 0.99)
Support/Resistance:$17.56 – $21.52 (Bollinger Bands)

Technical conditions suggest Friedman Industries, Incorporated is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.63

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.26

Bullish
Oversold zone signals rebound potential.

Williams %R: -86.34

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.70

Strongly Bearish
Sharp downside momentum.

Takeaway:Friedman Industries, Incorporated shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.40

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.55

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.99

Low
Low volatility, stable price action.

CCI (14): -72.86

Bearish
Bearish, momentum remains under pressure.

Takeaway:Friedman Industries, Incorporated shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.52
Middle Band (SMA 20)
$19.54
Lower Band
$17.56
Current Position
Within Bands

Takeaway:Friedman Industries, Incorporated trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$21.22
Middle Line (EMA 20)
$19.23
Lower Channel
$17.25
Squeeze Status
Squeeze On

Takeaway:Friedman Industries, Incorporated trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-56.98K
Money Flow Index37.38Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.16Bearish, price momentum favors sellers.

Overall Takeaway:FRD shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Friedman Industries, Incorporated, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Friedman Industries, Incorporated shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ