(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 2025-05-22 View latest technical analysis
10 day averaged volume of Reliance Steel is 235100
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu May 2025 | 295.82 | 299.63 | 300.66 | 293.20 | 1.162 times |
| 21 Wed May 2025 | 299.78 | 302.56 | 303.88 | 298.72 | 1.191 times |
| 20 Tue May 2025 | 303.94 | 304.18 | 305.47 | 302.26 | 1.103 times |
| 19 Mon May 2025 | 304.46 | 300.19 | 304.78 | 298.83 | 0.795 times |
| 16 Fri May 2025 | 304.00 | 299.64 | 304.83 | 298.86 | 1.262 times |
| 15 Thu May 2025 | 300.73 | 299.23 | 301.01 | 298.34 | 0.749 times |
| 14 Wed May 2025 | 300.25 | 299.99 | 301.20 | 297.47 | 0.947 times |
| 13 Tue May 2025 | 299.16 | 306.03 | 306.03 | 298.96 | 1.171 times |
| 12 Mon May 2025 | 304.45 | 304.76 | 306.53 | 301.74 | 1.061 times |
| 09 Fri May 2025 | 296.32 | 296.29 | 297.27 | 292.14 | 0.749 times |
My analysis of stock is bearish for shortterm, and stock might move down till 290.5 or till 283.3. Use a stoploss of 296.41 and if the stock hits stoploss, then it can shoot up till 302.35
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 250.07 |
| Downside Target | 263.07 |
| Downside Target | 270.00 |
| Downside Target | 279.52 |
| Upside Target | 297.47 |
| Upside Target | 298.45 |
| Upside Target | 300.80 |
| Upside Target | 301.49 |
| Upside Target | 305.47 |
| Upside Target | 306.53 |
| Upside Target | 310.98 |
Intraday share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Intraday Target | 290.86 |
| Downside Intraday Target | 285.89 |
| Upside Intraday Target | 303.13 |
| Upside Intraday Target | 310.43 |
| Upside Intraday Target | 298.16 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu May 2025 | 295.82 | 300.19 | 305.47 | 293.20 | 0.819 times |
| 16 Fri May 2025 | 304.00 | 304.76 | 306.53 | 297.47 | 1.009 times |
| 09 Fri May 2025 | 296.32 | 293.00 | 300.80 | 292.14 | 0.798 times |
| 02 Fri May 2025 | 297.22 | 285.11 | 298.45 | 281.22 | 1.617 times |
| 25 Fri Apr 2025 | 284.25 | 275.52 | 288.70 | 270.00 | 3.44 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 |
| 22 Thu May 2025 | 295.82 | 288.96 | 306.53 | 286.47 | 0.514 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 |
| 28 Fri Feb 2025 | 297.16 | 286.60 | 310.98 | 279.52 | 0.861 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Reliance Steel ( (RS) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Reliance Steel in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 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 300.94 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 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Reliance Steel ( (RS) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Reliance Steel in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 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 300.94 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.