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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

Friedman Industries Inc. (AMEX:FRD)

Sidelines Mode (-55) - FRD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

AMEX_FRD
Open High Low FRD Price Change
17.60 17.61 17.14 17.23 -0.46
Entry Signal

MarketClub’s Trade Triangles for FRD

long term down The long-term trend has been DOWN since Jun 7th, 2024 at 16.3745

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 16.1300

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 16.7900

Smart Scan Analysis for FRD

Based on our trend formula, FRD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for FRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.60 17.61 17.14 17.23 -0.46
Prev. Close Volume Bid Ask Time
17.69 5490 2024-07-24 16:00:00
Year High11.47Year High Date2018-08-15
Year Low5.24Year Low Date2018-02-05
52wk High19.5252wk High Date2024-04-15
52wk Low9.552wk Low Date2023-10-31
Year End Close10.12Average Volume25,069
Shares Outstanding6,976Short Interest5,076
% Institutional31.7Market Cap44M
Assets230,019,000MLiabilities102,544,000M
P/E Ratio7.4017Beta1.08
Volatility48.12
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