Is Friedman Industries, Inc. technically bullish or bearish?
As of June 17, 2025, the trend is mildly bullish due to positive daily moving averages, but caution is advised as weekly and monthly indicators show mixed signals, including bearish MACD and Bollinger Bands.
As of 17 June 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven primarily by the daily moving averages indicating a positive short-term trend. However, the weekly and monthly MACD readings are mildly bearish, suggesting caution. The Bollinger Bands on the weekly are bearish, while the monthly is sideways, indicating mixed signals. The KST shows bullish momentum on the weekly but is mildly bearish on the monthly, and Dow Theory indicates a bearish trend on the monthly with no trend on the weekly. Overall, while there are some bullish indicators, the prevailing sentiment remains cautious due to the mixed signals across different time frames.
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