FRD Friedman Industries, Inc.
Steel NasdaqGS
Trading Signals (FRD)
Overall Signal
BUY
Strong buyish signal based on multiple indicators.
Key Price Levels
Support Levels
- Strong Support $14.95
- Medium Support $15.52
- Weak Support $16.1
Resistance Levels
- Weak Resistance $17.24
- Medium Resistance $17.82
- Strong Resistance $18.39
Stop Loss Suggestions
- Conservative $16.21
- Moderate $15.81
- Aggressive $15.24
Signal Indicator
| Indicator | Signal | Strength | Timeframe |
|---|---|---|---|
| Moving Averages | BUY |
|
Short & Medium Term |
| Oscillators | BUY |
|
Short Term |
| Trend Indicators | SELL |
|
Medium Term |
| Volume Indicators | BUY |
|
Short & Medium Term |
| Support/Resistance | NEUTRAL |
|
Short Term |
Stock Price Prediction Price Target Probabilities (FRD)
Quarterly Outlook :
2025-07-08
Bullish Scenario
from current 17.4%
Strong upward momentum and confirmed bullish trend, with potential for significant price appreciation. Indicators point to sustained buying pressure. ADX (15.67) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (52.96) is in bullish territory, indicating upward momentum. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 1.45, indicating the average weekly price range.
2025-07-08
Base Scenario
from current 1.24%
Price is likely to continue its moderate trajectory, reflecting underlying market conditions and historical volatility. Indicators suggest a balanced outlook. ADX (15.67) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (52.96) is in bullish territory, indicating upward momentum. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 1.45, indicating the average weekly price range.
2025-07-08
Bearish Scenario
from current -17.4%
Increased selling pressure and potential for a significant price correction or downtrend. Indicators suggest waning bullish momentum or strengthening bearish forces. ADX (15.67) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (52.96) is in bullish territory, indicating upward momentum. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 1.45, indicating the average weekly price range.
Annual Outlook
2025-07-08
Bullish Scenario
from current 34.79%
Long-term bullish trend with strong fundamental catalysts and sustained institutional buying. Expect significant capital appreciation over the year. ADX (15.67) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (52.96) is in bullish territory, indicating upward momentum. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 1.45, indicating the average weekly price range.
2025-07-08
Base Scenario
from current 2.49%
Steady long-term growth consistent with market and industry averages. Price expected to follow a typical growth trajectory. ADX (15.67) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (52.96) is in bullish territory, indicating upward momentum. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 1.45, indicating the average weekly price range.
2025-07-08
Bearish Scenario
from current -34.79%
Long-term bearish trend with significant headwinds from economic factors, industry disruption, or company-specific issues. Expect notable price depreciation. ADX (15.67) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (52.96) is in bullish territory, indicating upward momentum. MACD line is crossing Signal line, indicating potential trend change or consolidation. Current Weekly ATR is 1.45, indicating the average weekly price range.
Technical Analysis (FRD)
Trend Identification
EMA
Exponential Moving Average
Current price (16.67) is above both Short MA (16.55) and Long MA (16.41). This indicates strong bullish momentum. Short MA (16.55) is above Long MA (16.41), a bullish crossover ('Golden Cross' if it's a significant period). This indicates an upward trend. All MAs are in bullish order (Price > Short MA > Long MA > Very Long MA 16.23). This is a strong bullish alignment. Consider long positions. Use the MAs as dynamic support levels.
MACD
Moving Average Convergence Divergence
MACD line is crossing the Signal line. This is a crucial point, signaling a potential trend change. Monitor closely. MACD and Signal lines are near the zero line, indicating weak momentum or market consolidation.
ADX
Average Directional Index
ADX (37.17) indicates a strong trend is present. -DI (16.56) is above +DI (7.64), suggesting a bearish directional bias. This combination points to a strong downward trend. Consider taking short positions, as the strong downward trend is confirmed.
Momentum Measurement
RSI (2025-07-08)
Relative Strength Index
RSI (53.09) is in the bullish territory, but not yet overbought. This indicates upward momentum. Monitor for continuation or signs of weakness.
OBV (2025-07-08)
On-Balance Volume
OBV (-451355.00) is rising, indicating buying pressure and accumulation. Price is rising and OBV is rising. This is bullish confirmation, indicating buying pressure supports the price increase. Consider holding long positions or initiating new ones. Volume is supporting the trend.
Stochastic (2025-07-08)
Stochastic Oscillator
Stochastics (%K: 78.66, %D: 71.70) are in the neutral zone (between 20 and 80). A bullish crossover (%K above %D) is observed. This indicates upward momentum. Be cautious if it's already in the overbought region.
CCI (2025-07-08)
Commodity Channel Index
CCI (90.83) is between 0 and +100. This indicates bullish momentum is present, but not yet extreme. A move above 0 from negative territory (bullish zero-line cross) can indicate a potential buy signal.
Volatility Measurement
ATR (2025-07-08)
Average True Range
Current ATR is 0.6300. ATR indicates average volatility. Market conditions are relatively stable.
Bollinger Bands (2025-07-08)
Volatility Bands
Current price (16.67) is within the Bollinger Bands (15.99 - 17.11). This suggests the price is trading within its typical volatility range. Price is above the Middle Band (16.55), indicating short-term bullish bias.
Risk Management & Potential Reversals (FRD)
SAR (2025-07-08)
Parabolic Stop and Reverse
SAR points above price indicate bearish trend. Current SAR at 17.16 is 2.94% from price. Consider SAR as a potential take-profit level or to confirm a downtrend.
Stochastic (2025-07-08)
Approaching Overbought
Stochastic is approaching overbought territory (78.7). No reversal signal yet. Monitor for potential bearish crossover (K below D) or entry into overbought (80+) followed by reversal. Current crossover status: Bullish.
RSI (2025-07-08)
Reversal Perspective
Current RSI level is in neutral territory. No RSI divergence detected. Current RSI level doesn't suggest imminent reversal.
Bollinger Bands (2025-07-08)
Reversal Perspective
Bands show normal bandwidth. Price is in the upper half of the bands, suggesting a bullish bias.No indication of imminent volatility expansion or reversal.
Holder List Top 20 (FRD)
| Holder Name | Holder Type | Shares | Pct. Held | Date Reported |
|---|---|---|---|---|
| Dimensional Fund Advisors LP | INSTITUTIONAL | 557225 | 7.99% | 2025-03-31 |
| Gendell, Jeffrey L. | INSTITUTIONAL | 431372 | 6.19% | 2025-03-31 |
| De Lisle Partners LLP | INSTITUTIONAL | 419816 | 6.02% | 2025-03-31 |
| Renaissance Technologies, LLC | INSTITUTIONAL | 331866 | 4.76% | 2025-03-31 |
| Vanguard Group Inc | INSTITUTIONAL | 309774 | 4.44% | 2025-03-31 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | MUTUALFUND | 206582 | 2.96% | 2025-03-31 |
| Mink Brook Asset Management LLC | INSTITUTIONAL | 189616 | 2.72% | 2025-03-31 |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. SMALL CAP VALUE PORTFOLIO | MUTUALFUND | 170848 | 2.45% | 2025-01-31 |
| Bridgeway Capital Management, Inc. | INSTITUTIONAL | 154144 | 2.21% | 2025-03-31 |
| Acadian Asset Management. LLC | INSTITUTIONAL | 129557 | 1.86% | 2025-03-31 |
| Truffle Hound Capital, LLC | INSTITUTIONAL | 104918 | 1.51% | 2025-03-31 |
| VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund | MUTUALFUND | 94034 | 1.35% | 2025-03-31 |
| Morgan Stanley | INSTITUTIONAL | 93753 | 1.34% | 2025-03-31 |
| Bridgeway Funds, Inc.-Ultra-Small Company Fund | MUTUALFUND | 73121 | 1.05% | 2025-03-31 |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. MICRO CAP PORTFOLIO | MUTUALFUND | 73063 | 1.05% | 2025-01-31 |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Targeted Value Portfolio | MUTUALFUND | 71065 | 1.02% | 2025-01-31 |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. SMALL CAP PORTFOLIO | MUTUALFUND | 63820 | 0.92% | 2025-01-31 |
| EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF | MUTUALFUND | 39123 | 0.56% | 2025-03-31 |
| Fidelity Concord Street Trust-Fidelity Extended Market Index Fund | MUTUALFUND | 38510 | 0.55% | 2025-04-30 |
| Dimensional ETF Trust-Dimensional U.S. Targeted Value ETF | MUTUALFUND | 37944 | 0.54% | 2025-01-31 |