


Technical Sentiment Analysis for Friedman Industries Inc (FRD) As of 2026-07-07, Friedman Industries Inc (FRD) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 6 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FRD stands at 56.191, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 2.242, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 34.338 and the Commodity Channel Index (CCI) at 7.64 further confirm a -4.76 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, FRD is trading above its 60-day moving average of $24.909 and above its 200-day long-term moving average of $21.337. Key price levels to watch include the immediate resistance at $37.512 and strong support at $30.212. A break above $37.512 could signal a bull continuation, while falling below $30.212 may test the next Fibonacci floor at $26.791.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 22.912 | 26.791 | 30.212 | 34.091 | 37.512 | 41.391 | 44.812 |
| Fibonacci | 26.791 | 29.58 | 31.302 | 34.091 | 36.88 | 38.602 | 41.391 |
2026-07-07
| Name | Value |
|---|---|
| RSI_14 | 56.191 |
| STOCHk_14_3_3 | 34.338 |
| STOCHd_14_3_3 | 47.999 |
| CCI_20 | 7.64 |
| AO_5_34 | 4.94 |
| MOM_10 | -4.76 |
| MACD_12_26_9 | 2.242 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 33.348 | Sell |
| MA_10 | 33.633 | Sell |
| MA_20 | 32.662 | Sell |
| MA_60 | 24.909 | Buy |
| MA_200 | 21.337 | Buy |
| MA_250 | 20.63 | Buy |