Friedman Industries Incorporated Shares Close the Week 21.6% Higher - Weekly Wrap
Friedman Industries Incorporated (FRD) shares closed this week 21.6% higher than it did at the end of last week. The stock is currently up 94.2% year-to-date, up 200.9% over the past 12 months, and up 136.4% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the SP 500 rose 1.2%. Trading Activity Shares traded as high as $14.90 and as low as $10.66 this week.Shares closed 1e 1% below its 52-week high and 2e 2% above its 52-week low.Trading volume this week was 43.8% lower than the 10-day average and 1.5% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company#39
Friedman Industries Incorporated Shares Close the Week 21.6% Higher - Weekly Wrap
Friedman Industries Incorporated (FRD) shares closed this week 21.6% higher than it did at the end of last week. The stock is currently up 94.2% year-to-date, up 200.9% over the past 12 months, and up 136.4% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the SP 500 rose 1.2%. Trading Activity Shares traded as high as $14.90 and as low as $10.66 this week.Shares closed 1e 1% below its 52-week high and 2e 2% above its 52-week low.Trading volume this week was 43.8% lower than the 10-day average and 1.5% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.7. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company#39