(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 2025-05-23 View latest technical analysis
10 day averaged volume of Reliance Steel is 239560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri May 2025 | 291.98 | 291.46 | 293.78 | 288.96 | 1.046 times |
| 22 Thu May 2025 | 295.82 | 299.63 | 300.66 | 293.20 | 1.14 times |
| 21 Wed May 2025 | 299.78 | 302.56 | 303.88 | 298.72 | 1.169 times |
| 20 Tue May 2025 | 303.94 | 304.18 | 305.47 | 302.26 | 1.083 times |
| 19 Mon May 2025 | 304.46 | 300.19 | 304.78 | 298.83 | 0.78 times |
| 16 Fri May 2025 | 304.00 | 299.64 | 304.83 | 298.86 | 1.239 times |
| 15 Thu May 2025 | 300.73 | 299.23 | 301.01 | 298.34 | 0.735 times |
| 14 Wed May 2025 | 300.25 | 299.99 | 301.20 | 297.47 | 0.93 times |
| 13 Tue May 2025 | 299.16 | 306.03 | 306.03 | 298.96 | 1.149 times |
| 12 Mon May 2025 | 304.45 | 304.76 | 306.53 | 301.74 | 1.041 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 291.4 as stoploss in an intra day buy trade for a target of 296.79. However, stock will show a bearish move below 291.4.
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 | 285.47 |
| Downside Intraday Target | 278.96 |
| Upside Intraday Target | 301.98 |
| Upside Intraday Target | 311.98 |
| Upside Intraday Target | 295.47 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri May 2025 | 291.98 | 300.19 | 305.47 | 288.96 | 1.025 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 |
| 23 Fri May 2025 | 291.98 | 288.96 | 306.53 | 286.47 | 0.547 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 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 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 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 gaining 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. Bears are getting stronger in this stock.
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 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 300.36 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 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 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 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 gaining 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. Bears are getting stronger in this stock.
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 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 300.36 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.