(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 2025-02-10 View latest technical analysis
10 day averaged volume of Reliance Steel is 375230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Feb 2025 | 291.17 | 298.54 | 298.54 | 288.67 | 1.284 times |
| 07 Fri Feb 2025 | 283.04 | 285.92 | 287.23 | 282.58 | 0.784 times |
| 06 Thu Feb 2025 | 285.10 | 288.00 | 289.15 | 283.94 | 0.752 times |
| 05 Wed Feb 2025 | 286.55 | 282.63 | 287.27 | 281.92 | 0.93 times |
| 04 Tue Feb 2025 | 281.71 | 285.24 | 286.21 | 279.52 | 1.213 times |
| 03 Mon Feb 2025 | 285.86 | 286.60 | 290.70 | 282.47 | 1.157 times |
| 31 Fri Jan 2025 | 289.50 | 296.66 | 296.66 | 288.51 | 1.323 times |
| 30 Thu Jan 2025 | 296.54 | 293.71 | 297.38 | 290.27 | 1.112 times |
| 29 Wed Jan 2025 | 292.57 | 292.65 | 294.14 | 291.41 | 1.044 times |
| 28 Tue Jan 2025 | 292.68 | 288.99 | 294.20 | 287.65 | 0.772 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 291.8 as stoploss in an intra day sell trade for a target of 287.48. However, stock will show a bullish move above 291.8.
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 256.98 |
| Downside Target | 263.07 |
| Downside Target | 277.64 |
| Upside Target | 295.60 |
| Upside Target | 297.38 |
| Upside Target | 298.54 |
| 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 | 287.05 |
| Downside Intraday Target | 282.92 |
| Upside Intraday Target | 296.92 |
| Upside Intraday Target | 302.66 |
| Upside Intraday Target | 292.79 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Feb 2025 | 291.17 | 298.54 | 298.54 | 288.67 | 0.265 times |
| 07 Fri Feb 2025 | 283.04 | 286.60 | 290.70 | 279.52 | 0.936 times |
| 31 Fri Jan 2025 | 289.50 | 290.40 | 297.38 | 287.65 | 1.156 times |
| 24 Fri Jan 2025 | 290.72 | 292.92 | 295.60 | 285.21 | 3.355 times |
| 17 Fri Jan 2025 | 288.06 | 287.26 | 290.67 | 286.24 | 0.248 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 |
| 10 Mon Feb 2025 | 291.17 | 286.60 | 298.54 | 279.52 | 0.24 times |
| 31 Fri Jan 2025 | 289.50 | 272.32 | 297.38 | 263.07 | 1.032 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 |
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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Reliance Steel in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
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 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 288.62 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Reliance Steel in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
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 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 288.62 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.