Friedman Industries Inc.

Stage 2 · Advancing · week 20

As of Oct 22, 2026, Friedman Industries is in Stage 2, the uptrend phase, now in week 20 (since Jun 2, 2026). It closed at $40.63, 15.5% below its 52-week high and above its 200-day average, which is rising.

Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. More about the company

$40.63

-3.38% today

$293M · Micro cap

Market Neutral — Building

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

—

Momentum

Steady

Edge

—

Setup-score rank among Stage 2 peers: #1 of 6 in Steel · #1 of 76 in Materials

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 23w

S4 16w

S1 14w

S2 18w

S2 14w

S3 15w

S2 20w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 7w → S3 5w → S4 6w → S1 2w → S2 23w → S3 9w → S4 16w → S1 14w → S2 18w → S3 5w → S2 14w → S3 15w → S4 7w → S1 4w → S2 20w current

Total tracked: 166 weeks across 15 stage runs.

FRD among Steel2nd of 21 by relative strength

All 21 →

Stocks in Steel ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	HLPHongli Group Inc. Class A	Stage 2 · wk 9	96	+49.9%
2	FRDFriedman Industries Inc.	Stage 2 · wk 20	95	+3.1%
3	NUENucor Corporation	Stage 3 · wk 1	93	+4.7%
4	NWPXNWPX Infrastructure, Inc.	Stage 3 · wk 9	92	−6.2%
5	MTArcelor Mittal NY Registry Shares NEW	Stage 3 · wk 1	89	−16.3%
6	TXTernium S.A. Ternium S.A.	Stage 2 · wk 23	89	−1.1%
7	STLDSteel Dynamics, Inc.	Stage 3 · wk 2	88	+2.6%
8	GGBGerdau S.A.	Stage 2 · wk 24	88	+3.9%

vs 52W High

-15.5%

$16.96 lo$48.08 hi

15.5% below 52W high, deeper pullback

How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.

Stage Maturity

Week 20

1w13w26w

Week 20, proven structure

How long this stock has been in Stage 2. The sweet spot is mid-run: long enough to prove the structure holds, not so long that it's extended. Very fresh moves (weeks 1–4) often need more time to confirm.

vs 200 DMA

41.5%

200 DMA: $28.72 · rising

Long-term trend anchor. When the stock and the S&P 500 are both above their 200-day averages, the backdrop supports continuation.

Rel Volume

1.34x

vs 50-day avg

Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.

Trend Health

↗

Short-term trend rising gently

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

+3.1%

+14.1%

+106.8%

YTD

+101.8%

+105.1%

Scan Membership

Breakout Watch

Latest: 2025-03-12

7 appearances in last 60 days. First seen: 2020-09-01.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S2

Wk 20 · Vol 1.34x

2026-10-21S2

Wk 20 · Vol 0.62x

2026-10-20S2

Wk 20 · Vol 0.42x

2026-10-19S2

Wk 20 · Vol 0.74x

2026-10-16S2

Wk 20 · Vol 0.64x

2026-10-15S2

Wk 19 · Vol 0.67x

2026-10-14S2

Wk 19 · Vol 0.55x

2026-10-13S2

Wk 19 · Vol 0.43x

2026-10-12S2

Wk 19 · Vol 0.45x

2026-10-09S2

Wk 19 · Vol 0.38x

2026-10-08S2

Wk 18 · Vol 0.49x

2026-10-07S2

Wk 18 · Vol 0.50x

Moving averages & range

50 DMA

$42.39

200 DMA

$28.72

52W High

$48.08

52W Low

$16.96

5D Low

$40.48

Resistance levels (recent highs)

20d High

$42.99

60d High

$48.08

120d High

$48.08

250d High

$48.08

Next resistance

+5.8%

to 20d High

P/E (TTM)

10.6

Forward —

Earnings Growth (YoY)

+152.1%

Revenue +78.1%

ROE

+18.1%

Profit margin +3.6%

Dividend Yield

0.38%

P/B 1.8

Friedman Industries: quick answers

What stage is Friedman Industries in?

As of Oct 22, 2026, Friedman Industries (FRD) is in Stage 2, the uptrend phase. It entered Stage 2 on Jun 2, 2026 and is in week 20. What the four stages mean

Is Friedman Industries in an uptrend?

Yes. Friedman Industries is in a Stage 2 uptrend. It trades 41.5% above its 200-day average, which is rising.

How far is Friedman Industries from its 52-week high?

Friedman Industries closed at $40.63 on Oct 22, 2026, 15.5% below its 52-week high of $48.08. Its 52-week low is $16.96.

How has Friedman Industries performed over the past year?

As of Oct 22, 2026, Friedman Industries is up 105.1% over the past year and up 101.8% so far in 2026.

Which sector and industry is Friedman Industries in?

Friedman Industries is in the Steel industry, part of the Materials sector.

About this companyMaterials· Steel

Friedman Industries, Incorporated engages in the manufacture and processing of steel products in the United States. The company operates in two segments, Flat-Roll Products and Tubular Products. The Flat-Roll Product segment is involved in the operation of hot-rolled coil processing facilities to cut the coils into sheets and plates, as well as the provision of process and storage services for customer-owned coils on a fee basis. The Tubular Product segment manufactures line and oil country pipes, as well as pipes for structural applications. The company serves metals distributors and customers manufacturing products, such as metal buildings, railcars, heavy equipment, tanks and containers, trailers, component parts, and other fabricated metal products. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.