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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
$38.74
$0.68(1.73%)
U.S. Market opens in 12h 18m

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:Bearish to Weak (RSI: 38.65)
Trend Strength:Weak (ADX: 18.56)
Volatility:Medium (ATR: 1.93)
Support/Resistance:$37.30 – $46.69 (Bollinger Bands)

Technical conditions suggest Friedman Industries, Incorporated on the NASDAQ is awaiting a decisive move. Overall, Friedman Industries, Incorporated remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.65

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 8.77

Bullish
Oversold zone signals rebound potential.

Williams %R: -94.96

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -12.79

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.76

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.56

Weak
Weak trend, market trading sideways.

ATR (14): 1.93

Low
Low volatility, stable price action.

CCI (14): -88.14

Bearish
Bearish, momentum remains under pressure.

Takeaway:Friedman Industries, Incorporated shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$46.69
Middle Band (SMA 20)
$42.00
Lower Band
$37.30
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$44.86
Middle Line (EMA 20)
$41.01
Lower Channel
$37.16
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 Volume435.81K
Money Flow Index8.65Bullish, oversold conditions signal rebound potential.
Relative Vigor Index37.49Bearish, price momentum favors sellers.

Overall Takeaway:FRD shows oversold money flow, with rebound potential building.

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

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