Technical Analysis for FRD - Friedman Industries Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Oversold Stochastic | Weakness | 0.00% | |
| MACD Bearish Signal Line Cross | Bearish | 1.89% | |
| NR7 | Range Contraction | 1.89% | |
| Narrow Range Bar | Range Contraction | 1.89% | |
| Stochastic Reached Oversold | Weakness | 1.89% | |
| Down 3 Days in a Row | Weakness | 1.89% | |
| Oversold Stochastic | Weakness | 1.89% | |
| Fell Below 20 DMA | Bearish | 1.15% | |
| Earnings Movers | Other | 1.15% | |
| 180 Bearish Setup | Bearish Swing Setup | -3.11% |
| Alert | Time |
|---|---|
| Possible NR7 | about 18 hours ago |
| 60 Minute Opening Range Breakout | about 21 hours ago |
| 2x Volume Pace | about 22 hours ago |
| 1.5x Volume Pace | about 22 hours ago |
| Fell Below Previous Day's Low | about 22 hours ago |
Free Daily (Stock) Chart Reading
- Earnings date: 11/15/2024
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
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 19.3809 |
| 52 Week Low | 11.2844 |
| Average Volume | 11,586 |
| 200-Day Moving Average | 16.50 |
| 50-Day Moving Average | 14.80 |
| 20-Day Moving Average | 14.29 |
| 10-Day Moving Average | 14.34 |
| Average True Range | 0.62 |
| RSI (14) | 45.05 |
| ADX | 17.8 |
| +DI | 16.58 |
| -DI | 26.58 |
| Chandelier Exit (Long, 3 ATRs) | 14.15 |
| Chandelier Exit (Short, 3 ATRs) | 15.49 |
| Upper Bollinger Bands | 14.98 |
| Lower Bollinger Band | 13.60 |
| Percent B (%b) | 0.3 |
| BandWidth | 9.63 |
| MACD Line | -0.20 |
| MACD Signal Line | -0.17 |
| MACD Histogram | -0.0275 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 14.59 | ||||
| Resistance 3 (R3) | 14.53 | 14.27 | 14.50 | ||
| Resistance 2 (R2) | 14.27 | 14.13 | 14.31 | 14.46 | |
| Resistance 1 (R1) | 14.15 | 14.04 | 14.21 | 14.21 | 14.43 |
| Pivot Point | 13.89 | 13.89 | 13.92 | 13.92 | 13.89 |
| Support 1 (S1) | 13.77 | 13.75 | 13.83 | 13.83 | 13.61 |
| Support 2 (S2) | 13.51 | 13.66 | 13.54 | 13.58 | |
| Support 3 (S3) | 13.38 | 13.51 | 13.54 | ||
| Support 4 (S4) | 13.45 |
