Friedman Industries' 15min chart: Bollinger Bands expanding downward, bearish marubozu.

Friedman Industries' 15-minute chart has recently triggered Bollinger Bands expanding downward, accompanied by a bearish Marubozu at 02/05/2026 11:45. This indicates that the current market trend is being driven by sellers, who are exerting significant control over the market. Furthermore, the bearish momentum is likely to persist, suggesting that investors should remain cautious and consider defensive strategies.