


Technical Sentiment Analysis for Friedman Industries Inc (FRD) As of 2026-05-29, Friedman Industries Inc (FRD) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 9 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FRD stands at 69.889, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.884, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 84.722 and the Commodity Channel Index (CCI) at 195.271 further confirm a 2.48 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, FRD is trading below its 60-day moving average of $19.37 and below its 200-day long-term moving average of $19.934. Key price levels to watch include the immediate resistance at $24.245 and strong support at $19.69. A break above $24.245 could signal a bull continuation, while falling below $19.69 may test the next Fibonacci floor at $17.632.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.135 | 17.632 | 19.69 | 22.187 | 24.245 | 26.742 | 28.8 |
| Fibonacci | 17.632 | 19.372 | 20.447 | 22.187 | 23.927 | 25.002 | 26.742 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 69.889 |
| STOCHk_14_3_3 | 84.722 |
| STOCHd_14_3_3 | 84.631 |
| CCI_20 | 195.271 |
| AO_5_34 | 2.26 |
| MOM_10 | 2.48 |
| MACD_12_26_9 | 0.884 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 22.876 | Buy |
| MA_10 | 21.747 | Buy |
| MA_20 | 21.437 | Buy |
| MA_60 | 19.37 | Buy |
| MA_200 | 19.934 | Buy |
| MA_250 | 19.192 | Buy |