


Technical Sentiment Analysis for Friedman Industries Inc (FRD) As of 2026-05-11, Friedman Industries Inc (FRD) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FRD stands at 70.03, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.78, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 92.386 and the Commodity Channel Index (CCI) at 140.7 further confirm a 1.93 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, FRD is trading below its 60-day moving average of $18.717 and below its 200-day long-term moving average of $19.544. Key price levels to watch include the immediate resistance at $21.912 and strong support at $19.552. A break above $21.912 could signal a bull continuation, while falling below $19.552 may test the next Fibonacci floor at $18.291.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 17.192 | 18.291 | 19.552 | 20.651 | 21.912 | 23.011 | 24.272 |
| Fibonacci | 18.291 | 19.193 | 19.749 | 20.651 | 21.553 | 22.109 | 23.011 |
2026-05-11
| Name | Value |
|---|---|
| RSI_14 | 70.03 |
| STOCHk_14_3_3 | 92.386 |
| STOCHd_14_3_3 | 88.128 |
| CCI_20 | 140.7 |
| AO_5_34 | 1.878 |
| MOM_10 | 1.93 |
| MACD_12_26_9 | 0.78 |
2026-05-11
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 21.252 | Buy |
| MA_10 | 20.813 | Buy |
| MA_20 | 20.094 | Buy |
| MA_60 | 18.717 | Buy |
| MA_200 | 19.544 | Buy |
| MA_250 | 18.909 | Buy |