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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 209520

Date Daily Closing Price Open High Low Volume
08 Thu Jan 2026 307.86 298.05 309.45 297.28 1.94 times
07 Wed Jan 2026 300.07 301.21 302.17 297.71 1.272 times
06 Tue Jan 2026 299.82 297.62 302.33 296.41 1.094 times
05 Mon Jan 2026 296.57 295.90 301.63 295.90 1.172 times
02 Fri Jan 2026 295.82 290.83 297.15 287.95 1.035 times
31 Wed Dec 2025 288.87 291.15 292.99 287.51 1.032 times
29 Mon Dec 2025 292.87 295.29 295.57 292.14 1.032 times
29 Mon Dec 2025 292.87 295.29 295.57 292.14 1.032 times
26 Fri Dec 2025 296.71 296.08 297.58 294.38 0.505 times
24 Wed Dec 2025 295.51 295.52 298.40 294.57 0.762 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 304.5, for a target of 299.3 or 295.05

Share price targets for Reliance Steel (RS)

Target Type Value
Downside Target 260.31
Downside Target 275.00
Downside Target 283.15
Downside Target 295.90
Downside Target 297.15
Downside Target 298.49
Downside Target 300.72
Downside Target 302.48
Upside Target 309.45

Intraday share price targets for Reliance Steel (RS)

Target Type Value
Downside Intraday Target 299.36
Downside Intraday Target 290.85
Upside Intraday Target 312.91
Upside Intraday Target 317.95
Downside Intraday Target 304.4

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
08 Thu Jan 2026 307.86 295.90 309.45 295.90 1.768 times
02 Fri Jan 2026 295.82 295.29 297.15 287.51 3.003 times
29 Mon Dec 2025 292.87 295.29 295.57 292.14 0.317 times
26 Fri Dec 2025 296.71 291.84 298.49 291.30 0.307 times
19 Fri Dec 2025 290.99 292.00 300.72 284.91 1.327 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Reliance Steel (RS)

Date Monthly Closing Price Open High Low Volume
08 Thu Jan 2026 307.86 290.83 309.45 287.95 0.202 times
31 Wed Dec 2025 288.87 278.14 300.72 275.00 1.242 times
28 Fri Nov 2025 279.32 276.58 283.15 263.12 0.719 times
31 Fri Oct 2025 282.43 280.25 286.33 260.31 1.132 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 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 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 and the buying is gaining 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 297.75 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 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 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 and the buying is gaining 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 297.75 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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