The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30.
The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.
Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.
RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections.
Friedman Industries 14-Day RSI Related Terms
FRD vs INHD, MSB, LUD: 14-Day RSI Comparison
For the Steel subindustry, Friedman Industries's 14-Day RSI, along with its competitors' market caps and 14-Day RSI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Friedman Industries 14-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Friedman Industries's 14-Day RSI falls into.
* Note that the formula uses a positive value for the average loss.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Friedman Industries (FRD) has a 14-Day RSI of 61.89 as of Jul. 11, 2026. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Friedman Industries and its competitors. According to the industry distribution chart, Friedman Industries ranks #589 out of 654 companies in the Steel industry, placing it in the top 90.1%.
Is Friedman Industries' 14-Day RSI too high?
Friedman Industries' current 14-Day RSI is 61.89. The Steel industry median 14-Day RSI is 44.46. Friedman Industries' value of 61.89 is 39.2% above this industry median. Based on the distribution chart, Friedman Industries ranks #589 out of 654 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Friedman Industries has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' 14-Day RSI compare to INHD and MSB?
According to the Steel industry distribution chart, Friedman Industries ranks #589 out of 654 companies for 14-Day RSI. This places Friedman Industries in the lower half of its industry. The industry median 14-Day RSI is 44.46. Friedman Industries' value of 61.89 is 39.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 14-Day RSI for a Steel company?
The median 14-Day RSI among Steel companies is 44.46, based on 654 companies in the industry. Companies in the top quartile (top 25%) have a 14-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 14-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Friedman Industries's current 14-Day RSI of 61.89 is 39.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 14-Day RSI mean?
A high 14-Day RSI can signal that a stock is expensive relative to its fundamentals. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Friedman Industries and its competitors. For the Steel industry, the median 14-Day RSI is 44.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friedman Industries's current 14-Day RSI is 61.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.28, compared to a current price of $34.26 — trading 53.8% above its estimated fair value. The current 14-Day RSI is 61.89 and 39.2% above the Steel industry median of 44.46. Friedman Industries' overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 14-Day RSI calculated?
14-Day RSI is calculated from a company's financial statements. For Friedman Industries (FRD), the current 14-Day RSI is 61.89 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Friedman Industries (FRD) Overvalued in 2026?
Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued.
The current stock price of $34.26 is trading 53.8% above its estimated GF Value™ of $22.28.
GuruFocus considers Friedman Industries to be Significantly Overvalued.
Key valuation signals for FRD:
14-Day RSI: 61.89
GF Value™: $22.28 vs. price of $34.26 (53.8% above fair value)
Industry Position: 39.2% above the Steel median (#589 of 654)
No single metric tells the full story. See the FRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 combined outside diameter (OD). Its products are flat-roll products and tubular products.
72GF Score
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