FRIEDMAN INDUSTRIES (FRD) Stock Technical Analysis
USA - NASDAQ:FRD - US3584351056 - Common Stock
We assign a technical rating of 9 out of 10 to FRD. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
FRD has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.10
We found 4 important support areas.
- A support zone ranging from 19.64 to 19.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.98 to 16.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.20 from a horizontal line in the daily time frame.
- Support @14.24 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.17 to 21.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 22.62 to 22.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FRD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRD is neutral. |
| ChartMill Relative Strength | 89.22 | POSITIVE | FRD has a high relative strength, it outperformed 89.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FRD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.05 | NEUTRAL | The RSI value for FRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FRD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.9 | NEUTRAL | The Stochastics value for FRD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for FRD suggests high volalility. |
| Average Directional Index/ADX (14) | 22.56 | NEUTRAL | The ADX value for FRD suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.53 | 19.65 | 1.88 (8.73%) | 11.45% |
| An entry @21.53. This is a Buy Stop order right above the resistance zone. | An exit @19.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.88 points, which is 8.73%. | When investing 11.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of FRD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:FRD (11/17/2025, 8:00:01 PM)
20.49
-2.13 (-9.42%)
FRIEDMAN INDUSTRIES / FRD FAQ
What is the technical rating for FRD stock?
ChartMill assigns a technical rating of 9 / 10 to FRD.
Can you provide the trend direction for FRIEDMAN INDUSTRIES?
The current trend direction for FRIEDMAN INDUSTRIES (FRD) is Bullish.
What is the RSI signal for FRIEDMAN INDUSTRIES (FRD) stock?
FRIEDMAN INDUSTRIES (FRD) has an RSI value of 46.0526. This indicates that the stock is currently neutral.
What is the short term momentum for FRD stock?
The short term momentum for FRIEDMAN INDUSTRIES (FRD) is neutral.
Can you provide the support and resistance levels for FRIEDMAN INDUSTRIES?
FRIEDMAN INDUSTRIES (FRD) has a support level at 19.64 and a resistance level at 21.17. Check the full technical report for our detailed analysis of FRD support and resistance levels.