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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Friedman Industries Inc. (AMEX:FRD)
Strong Downtrend (-100) - FRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FRD continues to fall. Traders should use caution and set stops.
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 DOWN since Jun 7th, 2024 at 16.3745
The intermediate-term trend has been DOWN since Oct 15th, 2024 at 14.9100
The short-term trend has been DOWN since Oct 9th, 2024 at 16.0000
Smart Scan Analysis for FRD
Based on our trend formula, FRD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.19 | 14.55 | 13.99 | 14.15 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.11 | 7283 | 2024-10-22 15:18:16 |
| 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 | 10,575 |
| Shares Outstanding | 6,970 | Short Interest | 5,076 |
| % Institutional | 31.7 | Market Cap | 44M |
| Assets | 222,790,000M | Liabilities | 93,103,000M |
| P/E Ratio | 8.2515 | Beta | 1.08 |
| Volatility | 48.12 |