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Friedman Industries, Incorporated

FRD Technical Analysis Summary (NASDAQ)

Analyze FRD on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FRD●NASDAQ
Basic MaterialsSteel
$41.71
$0.83(1.95%)
U.S. Market opens in 43h 56m

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 (NASDAQ)

Friedman Industries, Incorporated (NASDAQ: FRD) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 55.13)
Trend Strength:Strong (ADX: 38.34)
Volatility:High (ATR: 2.80)
Support/Resistance:$30.76 – $49.88 (Bollinger Bands)

Technical conditions suggest Friedman Industries, Incorporated on the NASDAQ is awaiting a decisive move. This mix signals that Friedman Industries, Incorporated is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 55.13

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 62.02

Bullish
Buying momentum building without extremes.

Williams %R: -46.74

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 22.37

Strongly Bullish
Strong upside momentum.

Takeaway:Friedman Industries, Incorporated shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 2.76

Bullish
Bullish, trend momentum is strengthening.

ADX: 38.34

Strong
Strong trend, momentum well established.

ATR (14): 2.80

Medium
Medium volatility, healthy price movement.

CCI (14): -15.38

Neutral
Neutral, no strong directional signal.

Takeaway:Friedman Industries, Incorporated shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$49.88
Middle Band (SMA 20)
$40.32
Lower Band
$30.76
Current Position
Within Bands

Takeaway:Friedman Industries, Incorporated trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$46.70
Middle Line (EMA 20)
$41.10
Lower Channel
$35.51
Squeeze Status
No Squeeze

Takeaway:Friedman Industries, Incorporated trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.51M
Money Flow Index75.23Bullish, inflows support continued momentum.
Relative Vigor Index39.79Bearish, price momentum favors sellers.

Overall Takeaway:FRD shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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:Technical indicators for Friedman Industries, Incorporated are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: FRD) Technical Analysis FAQ