Advertisement
Loading...

Friedman Industries, Incorporated

FRD•NASDAQ
Basic Materials
Steel
$20.60
$-0.30(-1.44%)
U.S. Market opens in 31h 33m

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.97)
Trend Strength:Moderate (ADX: 23.46)
Volatility:Medium (ATR: 1.02)
Support/Resistance:$18.95 – $22.10 (Bollinger Bands)

Overall, Friedman Industries, Incorporated remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 54.97

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 55.26

Neutral
Mid-range signal with no clear trend.

Williams %R: -59.42

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 4.77

Bullish
Steady upward momentum.

Takeaway:Friedman Industries, Incorporated shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.66

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.46

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.02

Low
Low volatility, stable price action.

CCI (14): -39.91

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$22.10
Middle Band (SMA 20)
$20.52
Lower Band
$18.95
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$22.54
Middle Line (EMA 20)
$20.51
Lower Channel
$18.47
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-34.16K
Money Flow Index46.84Neutral, balanced money flows with no clear signal.
Relative Vigor Index49.07Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:FRD shows neutral money flow, with no clear directional pressure.

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

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.

Technical Analysis FAQ