Friedman Industries (FRD, $15.2) RSI Indicator left the overbought zone on May 06, 2025

#Steel, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #MicroCap
FRD - Friedman Industries Inc
RSI signal
Bearish Trend
79%
Odds of DOWN Trend
Price: $15.2
Daily change: -$2.31 (-13.19%)
Daily volume: 52.2K
Capitalization: $106M
Industry: Steel

This is a signal that FRD's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 39 similar cases where FRD's RSI Indicator left the overbought zone, and in 31 of them led to a successful outcome. Odds of Success: 79%.