(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.
Showing technical analysis as on 2025-01-03 View latest technical analysis
10 day averaged volume of Reliance Steel is 695600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri Jan 2025 | 267.75 | 266.77 | 269.03 | 263.07 | 0.618 times |
| 02 Thu Jan 2025 | 266.61 | 272.32 | 273.48 | 266.14 | 0.467 times |
| 31 Tue Dec 2024 | 269.26 | 266.75 | 271.66 | 266.75 | 0.497 times |
| 30 Mon Dec 2024 | 266.22 | 267.81 | 269.48 | 265.98 | 0.398 times |
| 27 Fri Dec 2024 | 269.73 | 269.61 | 273.39 | 268.04 | 0.431 times |
| 26 Thu Dec 2024 | 271.30 | 268.81 | 272.05 | 268.16 | 0.48 times |
| 24 Tue Dec 2024 | 270.98 | 270.43 | 271.83 | 269.45 | 0.189 times |
| 23 Mon Dec 2024 | 270.08 | 268.25 | 270.68 | 267.01 | 0.569 times |
| 20 Fri Dec 2024 | 269.02 | 261.93 | 271.32 | 256.98 | 5.624 times |
| 19 Thu Dec 2024 | 264.20 | 269.24 | 272.50 | 262.49 | 0.719 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 264.6 as stoploss in an intra day buy trade for a target of 284.02. However, stock will show a bearish move below 264.6.
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 256.98 |
| Downside Target | 263.07 |
| Upside Target | 273.39 |
| Upside Target | 283.80 |
| Upside Target | 291.38 |
| Upside Target | 293.68 |
| Upside Target | 299.61 |
| Upside Target | 310.31 |
| Upside Target | 318.88 |
| Upside Target | 323.15 |
| Upside Target | 326.87 |
Intraday share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Intraday Target | 262.72 |
| Downside Intraday Target | 257.69 |
| Upside Intraday Target | 273.13 |
| Upside Intraday Target | 278.51 |
| Upside Intraday Target | 268.1 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri Jan 2025 | 267.75 | 267.81 | 273.48 | 263.07 | 1.187 times |
| 27 Fri Dec 2024 | 269.73 | 268.25 | 273.39 | 267.01 | 0.196 times |
| 20 Fri Dec 2024 | 269.02 | 290.00 | 291.38 | 256.98 | 3.79 times |
| 13 Fri Dec 2024 | 292.16 | 308.17 | 310.31 | 291.73 | 7.604 times |
| 26 Tue Nov 2024 | 321.91 | 321.77 | 323.15 | 318.88 | 0.267 times |
Price has moved down 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 |
| 03 Fri Jan 2025 | 267.75 | 272.32 | 273.48 | 263.07 | 0.081 times |
| 31 Tue Dec 2024 | 269.26 | 308.17 | 310.31 | 256.98 | 1.391 times |
| 26 Tue Nov 2024 | 321.91 | 286.61 | 326.87 | 283.80 | 1.058 times |
| 31 Thu Oct 2024 | 286.34 | 287.94 | 299.61 | 277.64 | 0.794 times |
Scroll below to view daily charts
Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Reliance Steel ( (RS) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Reliance Steel ( (RS) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Reliance Steel ( (RS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Reliance Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Reliance Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Reliance Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Reliance Steel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Reliance Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 268.62 and Reliance Steel (RS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Reliance Steel ( (RS) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Reliance Steel ( (RS) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Reliance Steel ( (RS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Reliance Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Reliance Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Reliance Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Reliance Steel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Reliance Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 268.62 and Reliance Steel (RS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.