


Technical Sentiment Analysis for Friedman Industries Inc (FRD) As of 2026-04-17, Friedman Industries Inc (FRD) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 10 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FRD stands at 64.573, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.231, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 88.881 and the Commodity Channel Index (CCI) at 182.586 further confirm a 2.13 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, FRD is trading below its 60-day moving average of $18.6 and below its 200-day long-term moving average of $19.213. Key price levels to watch include the immediate resistance at $19.729 and strong support at $17.119. A break above $19.729 could signal a bull continuation, while falling below $17.119 may test the next Fibonacci floor at $15.835.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 14.509 | 15.835 | 17.119 | 18.445 | 19.729 | 21.055 | 22.339 |
| Fibonacci | 15.835 | 16.832 | 17.448 | 18.445 | 19.442 | 20.058 | 21.055 |
2026-04-17
| Name | Value |
|---|---|
| RSI_14 | 64.573 |
| STOCHk_14_3_3 | 88.881 |
| STOCHd_14_3_3 | 88.574 |
| CCI_20 | 182.586 |
| AO_5_34 | 0.862 |
| MOM_10 | 2.13 |
| MACD_12_26_9 | 0.231 |
2026-04-17
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 18.984 | Buy |
| MA_10 | 18.404 | Buy |
| MA_20 | 18.084 | Buy |
| MA_60 | 18.6 | Buy |
| MA_200 | 19.213 | Buy |
| MA_250 | 18.678 | Buy |