FRIEDMAN INDUSTRIES (FRD) Stock Technical Analysis
NASDAQ:FRD - Nasdaq - US3584351056 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to FRD. FRD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
81% of all other stocks performed better in the past year than FRD.
FRD is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 86% are performing better than FRD.
In the last month FRD has a been trading in the 15.33 - 17.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FRD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRD is lagging the market.
FRD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
13.42
17.85
When analyzing the support we can see 5 important areas.
- Support @15.33 from a horizontal line in the daily time frame.
- Support @14.71 from a trend line in the weekly time frame.
- Support @14.24 from a horizontal line in the weekly time frame.
- A support zone ranging from 13.82 to 13.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.56 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 16.12 to 16.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.63 from a horizontal line in the daily time frame.
- A resistance zone ranging from 17.06 to 17.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.67 to 17.67. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for FRD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRD is neutral. |
| ChartMill Relative Strength | 19.86 | NEGATIVE | FRD has a low relative strength, it was outperformed by 80.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRD is below a declining 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) | 48.27 | NEUTRAL | The RSI value for FRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FRD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.59 | NEUTRAL | The Stochastics value for FRD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for FRD suggests some volalility. |
| Average Directional Index/ADX (14) | 42.11 | POSITIVE | The high ADX value value for FRD suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:FRD (7/23/2025, 12:03:24 PM)
16.1
-0.03 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.19%
1 Week1.64%
2 Weeks-3.47%
1 Month-0.43%
3 Month-5.95%
6 Month13.03%
12 Month-6.66%
2 Year-9.33%
3 Year67.32%
5 Year221.32%
10 Year180.52%
15 Year189.07%
Volatility
ATR(14)0.67
ATR(20)%4.14%
ATR Inc2.77%
Range Today0.47
ADR(20)0.65
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.86
Mansfield-0.55
10 Day High17.18
10 Day Low15.33
20 Day High17.18
20 Day Low15.33
52 Week High18.48
52 Week Low12.24
CS1 End15.33
CR1 Start16.25
Volume & EV
DER(3)2.49%
DER(5)1.53%
Volume3.83K
Volume Incr-57.65%
Vol(5)25.00K
Vol(50)34.77K