Technical Analysis for FRD - Friedman Industries Inc.

Grade Last Price % Change Price Change
grade F 7.66 -1.79% -0.14
FRD closed down 1.79 percent on Thursday, April 18, 2019, on 69 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

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

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Crossed Above 20 DMA Bullish -1.79%
Crossed Above 50 DMA Bullish -1.79%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.79%
Bollinger Band Squeeze Range Contraction -1.79%
Inside Day Range Contraction -1.79%
20 DMA Resistance Bearish -1.16%
50 DMA Resistance Bearish -1.16%

Older signals for FRD ...

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Profile
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 Steel Products Plumbing 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: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 11.47
52 Week Low 5.77
Average Volume 19,454
200-Day Moving Average 8.5624
50-Day Moving Average 7.7878
20-Day Moving Average 7.7384
10-Day Moving Average 7.773
Average True Range 0.2494
ADX 7.74
+DI 14.5629
-DI 15.5486
Chandelier Exit (Long, 3 ATRs ) 7.3143
Chandelier Exit (Short, 3 ATRs ) 8.1482
Upper Bollinger Band 7.9634
Lower Bollinger Band 7.5134
Percent B (%b) 0.33
BandWidth 5.815156
MACD Line -0.0145
MACD Signal Line -0.0074
MACD Histogram -0.0071
Fundamentals Value
Market Cap 53.69 Million
Num Shares 7.01 Million
EPS -0.16
Price-to-Earnings (P/E) Ratio -47.88
Price-to-Sales 0.54
Price-to-Book 0.68
PEG Ratio 0.00
Dividend 0.04
Dividend Yield 0.52%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.95
Resistance 3 (R3) 7.98 7.91 7.90
Resistance 2 (R2) 7.91 7.84 7.90 7.88
Resistance 1 (R1) 7.79 7.80 7.76 7.76 7.87
Pivot Point 7.72 7.72 7.71 7.71 7.72
Support 1 (S1) 7.60 7.65 7.57 7.57 7.45
Support 2 (S2) 7.53 7.61 7.52 7.44
Support 3 (S3) 7.41 7.53 7.42
Support 4 (S4) 7.38