


Technical Sentiment Analysis for Friedman Industries Inc (FRD) As of 2026-06-18, Friedman Industries Inc (FRD) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 9 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 93.316, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 3.785, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 93.389 and the Commodity Channel Index (CCI) at 152.485 further confirm a 13.05 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, FRD is trading above its 60-day moving average of $21.93 and above its 200-day long-term moving average of $20.663. Key price levels to watch include the immediate resistance at $37.505 and strong support at $23.69. A break above $37.505 could signal a bull continuation, while falling below $23.69 may test the next Fibonacci floor at $16.962.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 9.875 | 16.962 | 23.69 | 30.777 | 37.505 | 44.592 | 51.32 |
| Fibonacci | 16.962 | 22.24 | 25.5 | 30.777 | 36.055 | 39.315 | 44.592 |
2026-06-18
| Name | Value |
|---|---|
| RSI_14 | 93.316 |
| STOCHk_14_3_3 | 93.389 |
| STOCHd_14_3_3 | 91.37 |
| CCI_20 | 152.485 |
| AO_5_34 | 10.73 |
| MOM_10 | 13.05 |
| MACD_12_26_9 | 3.785 |
2026-06-18
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 35.588 | Buy |
| MA_10 | 30.417 | Buy |
| MA_20 | 26.774 | Buy |
| MA_60 | 21.93 | Buy |
| MA_200 | 20.663 | Buy |
| MA_250 | 19.858 | Buy |