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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Friedman Industries Inc. (AMEX:FRD)
Countertrend Up (+85) - FRD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid FRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for FRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FRD
The long-term trend has been UP since Dec 18th, 2023 at 14.6000
The intermediate-term trend has been UP since Mar 25th, 2024 at 18.6548
The short-term trend has been DOWN since Apr 17th, 2024 at 18.8500
Smart Scan Analysis for FRD
Based on our trend formula, FRD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.0100 | 19.3399 | 18.3300 | 18.9900 | +0.1800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.0000 | 9156 | 2024-04-18 15:59:38 |
| Year High | 11.47 | Year High Date | 2018-08-15 |
| Year Low | 5.24 | Year Low Date | 2018-02-05 |
| 52wk High | 19.52 | 52wk High Date | 2024-04-15 |
| 52wk Low | 9.5 | 52wk Low Date | 2023-10-31 |
| Year End Close | 10.12 | Average Volume | 21,721 |
| Shares Outstanding | 6,976 | Short Interest | 5,076 |
| % Institutional | 31.7 | Market Cap | 44M |
| Assets | 228,955,000M | Liabilities | 106,212,000M |
| P/E Ratio | 7.4348 | Beta | 1.08 |
| Volatility | 48.12 |