Technical Analysis for FRD - Friedman Industries Inc.

Grade Last Price % Change Price Change
D 14.35 2.87% 0.40
FRD closed up 2.87 percent on Friday, November 1, 2024, on 85 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: Nov 12
*** please verify all earnings dates ***
1 Watcher
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
Inside Day Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness 2.87%
Stochastic Buy Signal Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Oversold Stochastic Weakness 0.00%
Outside Day Range Expansion 2.50%
Oversold Stochastic Weakness 2.50%
180 Bearish Setup Bearish Swing Setup 1.92%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 20 hours ago
10 DMA Resistance about 21 hours ago
Up 1% about 21 hours ago
Fell Below Previous Day's Low 2 days ago
Down 2 % 2 days ago

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Profile

Friedman Industries Inc. Description

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.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Supply Chain Management Steel Plumbing Irrigation Construction Equipment Piping Steel Products Storage Tank Pipe Oil Products Tubular Products Transportation Equipment Farm Machinery Conveyor System Steel Processing Pipe Manufacturing

Is FRD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 19.3809
52 Week Low 9.9558
Average Volume 11,313
200-Day Moving Average 16.65
50-Day Moving Average 14.92
20-Day Moving Average 14.82
10-Day Moving Average 14.17
Average True Range 0.55
RSI (14) 45.36
ADX 23.92
+DI 11.59
-DI 19.19
Chandelier Exit (Long, 3 ATRs) 15.05
Chandelier Exit (Short, 3 ATRs) 15.50
Upper Bollinger Bands 16.31
Lower Bollinger Band 13.33
Percent B (%b) 0.34
BandWidth 20.06
MACD Line -0.32
MACD Signal Line -0.25
MACD Histogram -0.0628
Fundamentals Value
Market Cap 100.05 Million
Num Shares 6.97 Million
EPS 2.55
Price-to-Earnings (P/E) Ratio 5.63
Price-to-Sales 0.23
Price-to-Book 0.93
PEG Ratio 0.00
Dividend 0.08
Dividend Yield 0.56%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.97
Resistance 3 (R3) 14.90 14.62 14.86
Resistance 2 (R2) 14.62 14.47 14.66 14.83
Resistance 1 (R1) 14.49 14.37 14.56 14.56 14.79
Pivot Point 14.21 14.21 14.25 14.25 14.21
Support 1 (S1) 14.08 14.06 14.15 14.15 13.91
Support 2 (S2) 13.80 13.96 13.84 13.87
Support 3 (S3) 13.67 13.80 13.84
Support 4 (S4) 13.74