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(RS) Reliance Steel complete technical analysis [charts+indicators] | Buy/Sell Reliance Steel | (RS) share price targets

Complete technical analysis of Reliance Steel (RS) by charts plus indicators, forecast predictions and share price targets for Reliance Steel (RS)

Reliance Steel trades in USA in Basic Industries sector.

10 day averaged volume of Reliance Steel is 417266

Date Daily Closing Price Open High Low Volume
27 Fri Jun 2025 316.81 314.80 318.14 313.13 1.391 times
26 Thu Jun 2025 314.65 312.29 315.25 308.31 0.361 times
25 Wed Jun 2025 309.04 308.96 310.59 306.88 0.509 times
24 Tue Jun 2025 308.90 310.00 312.15 308.75 0.659 times
23 Mon Jun 2025 309.33 306.33 309.86 305.55 0.712 times
20 Fri Jun 2025 307.55 311.82 311.82 304.28 2.955 times
18 Wed Jun 2025 309.05 310.40 312.19 307.41 0.986 times
17 Tue Jun 2025 309.74 304.79 312.19 304.05 0.837 times
13 Fri Jun 2025 310.12 306.98 312.70 304.48 0.653 times
12 Thu Jun 2025 309.98 306.57 311.09 303.95 1.338 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 313.5, but if it comes below 313.5, then a intra day sell could be more profitable.
If you take a sell trade below 313.5, then use 313.5 as stoploss and 307.69 as target. However if you take a buy trade in stock , then use 313.5 as stoploss and 320.5 as target.

Share price targets for Reliance Steel (RS)

Target Type Value
Downside Target 250.07
Downside Target 273.75
Downside Target 279.52
Downside Target 286.47
Downside Target 294.76
Downside Target 306.53
Downside Target 310.98
Downside Target 312.19
Downside Target 312.70
Downside Target 315.08
Upside Target 318.14

Intraday share price targets for Reliance Steel (RS)

Target Type Value
Downside Intraday Target 308.86
Downside Intraday Target 300.91
Upside Intraday Target 321.45
Upside Intraday Target 326.09
Downside Intraday Target 313.5

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
27 Fri Jun 2025 316.81 306.33 318.14 305.55 0.76 times
20 Fri Jun 2025 307.55 304.79 312.19 304.05 1.026 times
13 Fri Jun 2025 310.12 310.24 312.70 301.65 0.948 times
06 Fri Jun 2025 309.79 303.62 315.08 295.61 1.241 times
30 Fri May 2025 292.82 294.50 300.57 286.52 1.32 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Reliance Steel (RS)

Date Monthly Closing Price Open High Low Volume
27 Fri Jun 2025 316.81 303.62 318.14 295.61 1.305 times
30 Fri May 2025 292.82 288.96 306.53 286.47 0.768 times
30 Wed Apr 2025 288.23 287.10 294.76 250.07 0.717 times
31 Mon Mar 2025 288.75 301.18 301.49 273.75 1.269 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Reliance Steel (RS)

Price action analysis of Reliance Steel ( (RS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Steel ( (RS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Steel ( (RS) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Reliance Steel ( (RS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Reliance Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Reliance Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Reliance Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Reliance Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 310.11 and Reliance Steel (RS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Reliance Steel (RS) stock. Volume based technical analysis of Reliance Steel (RS) stock is negative.

Reliance Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Reliance Steel ( (RS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Steel ( (RS) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Reliance Steel ( (RS) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Reliance Steel ( (RS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Reliance Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Reliance Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Reliance Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Reliance Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 310.11 and Reliance Steel (RS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Reliance Steel (RS) stock. Volume based technical analysis of Reliance Steel (RS) stock is negative.

Reliance Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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