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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
$38.31
$1.010(2.57%)
U.S. Market opens in 3h 52m

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 neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.60)
Trend Strength:Moderate (ADX: 20.78)
Volatility:High (ATR: 2.10)
Support/Resistance:$36.15 – $45.01 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 42.60

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 40.56

Neutral
Mid-range signal with no clear trend.

Williams %R: -60.53

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -5.76

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -1.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.78

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.10

Medium
Medium volatility, healthy price movement.

CCI (14): -51.33

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
$45.01
Middle Band (SMA 20)
$40.58
Lower Band
$36.15
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$44.17
Middle Line (EMA 20)
$39.97
Lower Channel
$35.76
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-505.81K
Money Flow Index50.70Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.65Neutral 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 (NASDAQ: FRD), 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.

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

(NASDAQ: FRD) Technical Analysis FAQ