(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 2025-01-14 View latest technical analysis
10 day averaged volume of Reliance Steel is 452563
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 277.76 | 275.72 | 278.38 | 273.36 | 0.862 times |
| 13 Mon Jan 2025 | 274.80 | 266.62 | 275.44 | 265.31 | 1.022 times |
| 10 Fri Jan 2025 | 267.04 | 263.32 | 269.96 | 263.32 | 1.185 times |
| 08 Wed Jan 2025 | 267.51 | 272.03 | 272.66 | 265.99 | 1.121 times |
| 08 Wed Jan 2025 | 267.51 | 272.03 | 272.66 | 265.99 | 1.121 times |
| 07 Tue Jan 2025 | 270.11 | 271.22 | 272.87 | 268.20 | 1.524 times |
| 06 Mon Jan 2025 | 271.34 | 271.67 | 277.10 | 270.25 | 0.983 times |
| 03 Fri Jan 2025 | 267.75 | 266.77 | 269.03 | 263.07 | 0.951 times |
| 02 Thu Jan 2025 | 266.61 | 272.32 | 273.48 | 266.14 | 0.718 times |
| 31 Tue Dec 2024 | 269.26 | 266.75 | 271.66 | 266.75 | 0.764 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 276.3, but if it comes below 276.3, then a intra day sell could be more profitable.
If you take a sell trade below 276.3, then use 276.3 as stoploss and 270.88 as target. However if you take a buy trade in stock , then use 276.3 as stoploss and 282.7 as target.
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 256.98 |
| Downside Target | 263.07 |
| Downside Target | 272.66 |
| Downside Target | 277.64 |
| Upside Target | 278.38 |
| Upside Target | 283.80 |
| Upside Target | 293.68 |
| Upside Target | 299.61 |
| Upside Target | 310.31 |
| Upside Target | 326.87 |
Intraday share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Intraday Target | 269.25 |
| Downside Intraday Target | 260.75 |
| Upside Intraday Target | 282.32 |
| Upside Intraday Target | 286.89 |
| Downside Intraday Target | 273.82 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 277.76 | 266.62 | 278.38 | 265.31 | 0.817 times |
| 10 Fri Jan 2025 | 267.04 | 272.03 | 272.66 | 263.32 | 0.636 times |
| 08 Wed Jan 2025 | 267.51 | 271.67 | 277.10 | 265.99 | 1.192 times |
| 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 |
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 |
| 14 Tue Jan 2025 | 277.76 | 272.32 | 278.38 | 263.07 | 0.463 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 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance Steel in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 positive zone. This is a BUY 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 269.89 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 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance Steel in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 positive zone. This is a BUY 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 269.89 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.