Technical Analysis for FRD - Friedman Industries Inc.

Grade Last Price % Change Price Change
grade C 6.46 2.87% 0.18
FRD closed up 2.87 percent on Thursday, August 22, 2019, on 69 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Up
See historical FRD trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Above Upper BB Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.87%
Crossed Above 20 DMA Bullish 2.87%
Pocket Pivot Bullish Swing Setup 2.87%
Outside Day Range Expansion 2.87%
Fell Below 20 DMA Bearish 7.49%
180 Bearish Setup Bearish Swing Setup 7.49%

Older signals for FRD ...

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Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and steel and pipe distribution activities in the United States. The company purchases hot-rolled steel coils; processes the coils into flat, finished sheet, and plate; and sells these products on a wholesale basis, as well as processes customer-owned coils on a fee basis. It also manufactures, purchases, processes, and markets tubular products, including line and oil country pipes, as well as pipes for structural and piling purposes. The company offers its coil products and processing services primarily to steel distributors, and customers fabricating steel products, such as storage tanks, steel buildings, farm machinery and equipment, construction equipment, transportation equipment, conveyors, and other similar products; and tubular products principally to steel and pipe distributors, and piling contractors through its own sales force. Friedman Industries, Incorporated was founded in 1965 and is based in Houston, Texas.
Steel Supply Chain Management Equipment Construction Equipment Plumbing Steel Products Piping Pipe Irrigation Transportation Equipment Conveyor System Farm Machinery Similar Products Tubular Products Steel Processing
Is FRD a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 11.1
52 Week Low 5.78
Average Volume 12,446
200-Day Moving Average 7.3749
50-Day Moving Average 6.3164
20-Day Moving Average 6.1119
10-Day Moving Average 6.12
Average True Range 0.2952
ADX 17.22
+DI 22.2241
-DI 11.5028
Chandelier Exit (Long, 3 ATRs ) 5.6144
Chandelier Exit (Short, 3 ATRs ) 6.6656
Upper Bollinger Band 6.4533
Lower Bollinger Band 5.7705
Percent B (%b) 1.01
BandWidth 11.171649
MACD Line -0.0283
MACD Signal Line -0.0866
MACD Histogram 0.0583
Fundamentals Value
Market Cap 45.28 Million
Num Shares 7.01 Million
EPS -0.16
Price-to-Earnings (P/E) Ratio -40.38
Price-to-Sales 0.54
Price-to-Book 0.68
PEG Ratio 0.00
Dividend 0.04
Dividend Yield 0.62%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.04
Resistance 3 (R3) 6.97 6.72 6.94
Resistance 2 (R2) 6.72 6.57 6.75 6.91
Resistance 1 (R1) 6.59 6.48 6.65 6.65 6.88
Pivot Point 6.33 6.33 6.36 6.36 6.33
Support 1 (S1) 6.20 6.18 6.27 6.27 6.04
Support 2 (S2) 5.95 6.09 5.98 6.01
Support 3 (S3) 5.82 5.95 5.98
Support 4 (S4) 5.88