Friedman Industries Inc. Common Stock(FRD)

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership.

FRD iron condor setups FRD expected move FRD IV rank history FRD Fibonacci levels FRD insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

FRD — —
Snapshot
Info
Industry (SIC)
STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS (3310)
Exchange
XNAS
Market Cap
$0.3B

Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a …

Summary
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composite
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No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
MonthAvg ReturnYears of Data
Jan +1.29% 6
Feb +2.69% 6
Mar +0.18% 6
Apr +5.17% 6
May +2.58% 6
Jun +0.38% 6
Jul +10.40% 6
Aug +0.12% 6
Sep -3.24% 6
Oct -0.51% 5
Nov -2.45% 5
Dec +3.17% 5
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $42.42
SMA 50: $40.63
SMA 200: $26.78
Current: $39.16
EMA 12: $40.84
EMA 26: $41.43
MACD: -0.5887 | Signal: -0.6323
BULLISH
ADX (14): 20.06
WEAK TREND
+DI: 17.58
−DI: 21.39

Momentum Oscillators

RSI (14): 39.96
NEUTRAL
Stoch %K: 9.52
Stoch %D: 11.26
Williams %R: -92.88

Volume & Volatility

BB Upper: $46.79
BB Lower: $38.05
NEUTRAL
OBV: 1,136,627
Vol SMA 20: 59,925
Vol ROC: -51.42%
ATR: $2.02
True Range: $1.45
HV 20: 30.6%
HV 30: 45.4%
HV 60: 55.8%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-09-26T00:00:00 – 2026-09-24T00:00:00
AI Analysis

LLM Stock Analysis Report: FRD

Executive Summary

BULLISH (Confidence Level: 7/10)

Key drivers: Technical indicators, positive news sentiment, and recent price action.

Primary risks:

  • High volatility, as evidenced by the beta of 1.12.
  • Unusual options activity may indicate market inefficiency or manipulation.

Investment thesis: FRD's recent uptrend is likely to continue due to its strong technical indicators and positive news sentiment. However, investors should be cautious due to high volatility and unusual options activity.

Recent news sentiment impact: The positive news headlines have contributed to the stock's recent price appreciation, with a sentiment score of 3.5/5 (positive).

Technical Analysis

Trend Direction: Short-term bullish, Medium-term neutral, Long-term bearish

Support/Resistance Levels:

  • Support: $44.21 (SMA 20), $38.49 (SMA 50)
  • Resistance: $47.28 (Bollinger Bands upper)

Momentum Signals:

  • RSI interpretation: Neutral (61.46) with a slight uptrend
  • MACD signal: Bullish momentum due to the bullish crossover above the signal line
  • Bollinger Bands position: Neutral, indicating mean reversion

Volume Analysis: Volume trends indicate a moderate decline in volume over the past few trading sessions, suggesting increased institutional interest.

News & Sentiment Analysis

Recent Headlines Summary: All recent news headlines are positive, highlighting cash dividends, earnings reports, and product launches. This positive sentiment has contributed to the stock's recent price appreciation.

Sentiment Assessment: Aggregate news sentiment is POSITIVE (3.5/5).

Catalyst Identification: Upcoming earnings report and potential product launch announcements may provide additional catalysts for the stock's price movement.

Risk & Volatility Assessment

Beta Interpretation: Beta of 1.12 indicates above-average volatility, suggesting that FRD moves with market amplification.

Volatility Regime: Current volatility is higher than historical levels, indicating increased market uncertainty.

Options Market Signals: No options data available due to lack of recent activity.

Downside Protection: Support levels are at $44.21 (SMA 20) and $38.49 (SMA 50), providing a potential safety net for investors.

Market Context & Positioning

Sector Performance: FRD is outperforming its sector, suggesting strong fundamentals.

Institutional Activity: Moderate institutional interest is evident from the recent volume trends.

Correlation Analysis: FRD's correlation with the market is 0.25, indicating a moderate degree of synchronicity.

Relative Valuation: FRD is trading within a reasonable range relative to its peers and industry averages.

Key Levels & Action Items

Critical Price Levels:

  • Support: $44.21 (SMA 20), $38.49 (SMA 50)
  • Resistance: $47.28 (Bollinger Bands upper)

Breakout/Breakdown Levels: A breakout above $47.28 or a breakdown below $38.49 may indicate a significant price movement.

Time-Sensitive Catalysts: Upcoming earnings report and potential product launch announcements.

Risk Management: Investors should consider setting stop-loss levels around $44.21 (SMA 20) and position sizing accordingly to manage risk.

Generated
News
Options Activity
Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
1.09
Correlation (SPY)
24.6%
R²
0.06
Ann. Volatility
57.7%
SPY Volatility
13.0%

Above average volatility - stock moves with market amplification

Beta & Alpha Over Time
Institutional Ownership (13F)
Latest filings — 2026-06-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

84 filers4,252,023 shares$127.73M value
# Filer Shares Value % of Total % of Float Period
1 DIMENSIONAL FUND ADVISORS LP Custodian 543,631 $17.49M 13.70% — 2026-06-30
2 De Lisle Partners LLP 404,845 $12.94M 10.13% — 2026-06-30
3 BlackRock, Inc. Custodian 394,898 $12.71M 9.95% — 2026-06-30
4 GENDELL JEFFREY L 354,576 $11.41M 8.93% — 2026-06-30
5 VANGUARD CAPITAL MANAGEMENT LLC 305,664 $9.84M 7.70% — 2026-06-30
6 RENAISSANCE TECHNOLOGIES LLC 297,882 $9.59M 7.50% — 2026-06-30
7 VANGUARD GROUP INC Custodian 371,594 $7.61M 5.96% — 2025-12-31
8 GEODE CAPITAL MANAGEMENT, LLC Custodian 172,848 $5.56M 4.36% — 2026-06-30
9 Truffle Hound Capital, LLC 116,551 $3.75M 2.94% — 2026-06-30
10 STATE STREET CORP (STT, STT-PG) 97,452 $3.14M 2.46% — 2026-06-30
11 MORGAN STANLEY Custodian 91,338 $2.94M 2.30% — 2026-06-30
12 BRIDGEWAY CAPITAL MANAGEMENT, LLC 85,757 $2.76M 2.16% — 2026-06-30
13 Mink Brook Asset Management LLC 84,171 $2.71M 2.12% — 2026-06-30
14 Bank of New York Mellon Corp Custodian 61,835 $1.99M 1.56% — 2026-06-30
15 NORTHERN TRUST CORP Custodian 53,573 $1.72M 1.35% — 2026-06-30
16 GOLDMAN SACHS GROUP INC Custodian 49,614 $1.60M 1.25% — 2026-06-30
17 Empowered Funds, LLC Custodian 47,857 $1.54M 1.21% — 2026-06-30
18 VANGUARD PORTFOLIO MANAGEMENT LLC 45,857 $1.48M 1.16% — 2026-06-30
19 VANGUARD FIDUCIARY TRUST CO 44,537 $1.43M 1.12% — 2026-06-30
20 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 36,354 $1.17M 0.92% — 2026-06-30
21 Informed Momentum Co LLC 31,040 $998.87K 0.78% — 2026-06-30
22 Callahan Advisors, LLC 29,819 $959.58K 0.75% — 2026-06-30
23 BANK OF AMERICA CORP /DE/ Custodian 29,021 $933.90K 0.73% — 2026-06-30
24 Corient Private Wealth LP 26,257 $844.95K 0.66% — 2026-06-30
25 Walleye Capital LLC 25,969 $835.68K 0.65% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Insider Activity
Latest: 2026-06-22
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-06-22 Alex LaRue Chief Financial Officer Award (A) +10,000 — EDGAR
2026-06-22 Mike J Taylor President / CEO / Director Award (A) +30,000 — EDGAR
2026-06-22 Gaurav Chhibbar Chief Operating Officer Award (A) +15,000 — EDGAR
2026-03-19 Gaurav Chhibbar Chief Operating Officer Buy (P) +400 $16.94 $6.8K EDGAR
2026-03-11 Mike J Taylor President / CEO / Director Buy (P) +500 $18.00 $9.0K EDGAR
2026-03-05 Mike J Taylor President / CEO / Director Buy (P) +400 $18.00 $7.2K EDGAR
2026-02-25 Mike J Taylor President / CEO / Director Buy (P) +100 $18.00 $1.8K EDGAR
2026-02-23 Gaurav Chhibbar Chief Operating Officer Buy (P) +1,000 $18.35 $18.4K EDGAR
2026-02-20 Mike J Taylor President / CEO / Director Buy (P) +600 $18.75 $11.2K EDGAR
2025-12-04 Mike J Taylor President / CEO / Director Buy (P) +500 $18.74 $9.4K EDGAR
2025-12-02 Sandra Kay Scott Director Buy (P) +1,000 $20.16 $20.2K EDGAR
2025-11-25 Mike J Taylor President / CEO / Director Buy (P) +2,000 $19.38 $38.8K EDGAR
2025-11-04 Gaurav Chhibbar Chief Operating Officer Award (A) +50,000 — EDGAR
2025-10-03 Sandra Kay Scott Director Award (A) +457 $21.90 $10.0K EDGAR
2025-10-03 Sharon L Taylor Director Award (A) +457 $21.90 $10.0K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
Insider Holdings
18 insiders · @ $39.16
Officers, directors, and 10%+ owners ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 JACK FRIEDMAN Director 283,020 $11.08M -$875.0K 7 2008-10-23
2 Mike J Taylor President / CEO / Director 253,166 $9.91M $1.21M 36 2026-06-22
3 HERSHEL M RICH Director 74,477 $2.92M $182.9K 4 2011-08-15
4 Gaurav Chhibbar Chief Operating Officer 66,400 $2.60M $25.1K 4 2026-06-22
5 Robert Sparkman President & COO 50,000 $1.96M $0 1 2017-01-05
6 HAROLD FRIEDMAN Director 45,206 $1.77M $140.5K 2 2008-08-19
7 BENNY HARPER Sr. VP-Finance 44,008 $1.72M -$576.8K 3 2013-02-20
8 Alex LaRue Chief Financial Officer 41,646 $1.63M -$57.4K 9 2026-06-22
9 WILLIAM E CROW President and CEO 35,555 $1.39M -$628.9K 4 2013-02-20
10 Max Alan Reichenthal Director 33,889 $1.33M $276.4K 18 2025-10-03
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
# ETF Provider Weight $ Exposure ETF AUM As Of
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.