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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
$41.21
$0.57(1.36%)
U.S. Market opens in 19h 32m

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: 44.71)
Trend Strength:Moderate (ADX: 22.09)
Volatility:High (ATR: 2.24)
Support/Resistance:$39.95 – $46.50 (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): 44.71

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.08

Bearish
Momentum remains weak below midpoint.

Williams %R: -80.11

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -6.47

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: 0.09

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.09

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.24

Medium
Medium volatility, healthy price movement.

CCI (14): -110.83

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$46.50
Middle Band (SMA 20)
$43.23
Lower Band
$39.95
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$47.05
Middle Line (EMA 20)
$42.56
Lower Channel
$38.07
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 Volume411.37K
Money Flow Index29.07Bearish, selling pressure outweighs inflows.
Relative Vigor Index32.20Bearish, 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 (NASDAQ: FRD), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

(NASDAQ: FRD) Technical Analysis FAQ