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Friedman Industries, Incorporated

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

Live technical indicators, trading signals, and momentum insights for Friedman Industries, Incorporated.

FRD●NASDAQ
Basic MaterialsSteel
$24.40
$0.03(0.12%)
U.S. Market opens in 45h 20m
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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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 71.23)
Trend Strength:Strong (ADX: 30.21)
Volatility:Medium (ATR: 0.98)
Support/Resistance:$19.31 – $25.24 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 71.23

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 89.40

Bearish
Overbought levels may trigger pullback.

Williams %R: -7.24

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 18.25

Strongly Bullish
Strong upside momentum.

Takeaway:Friedman Industries, Incorporated shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 1.14

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.21

Strong
Strong trend, momentum well established.

ATR (14): 0.98

Low
Low volatility, stable price action.

CCI (14): 77.37

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.24
Middle Band (SMA 20)
$22.28
Lower Band
$19.31
Current Position
Within Bands

Takeaway:Friedman Industries, Incorporated trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$24.53
Middle Line (EMA 20)
$22.56
Lower Channel
$20.59
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 Volume82.23K
Money Flow Index72.02Bullish, inflows support continued momentum.
Relative Vigor Index52.10Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:FRD shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Friedman Industries, Incorporated, 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

No significant bearish signals detected.

Overall Recommendation:Friedman Industries, Incorporated currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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