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(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 2025-06-23 View latest technical analysis

10 day averaged volume of Reliance Steel is 452480

Date Daily Closing Price Open High Low Volume
23 Mon Jun 2025 309.33 306.33 309.86 305.55 0.656 times
20 Fri Jun 2025 307.55 311.82 311.82 304.28 2.725 times
18 Wed Jun 2025 309.05 310.40 312.19 307.41 0.909 times
17 Tue Jun 2025 309.74 304.79 312.19 304.05 0.772 times
13 Fri Jun 2025 310.12 306.98 312.70 304.48 0.602 times
12 Thu Jun 2025 309.98 306.57 311.09 303.95 1.234 times
11 Wed Jun 2025 307.64 309.90 309.90 301.65 0.913 times
10 Tue Jun 2025 311.59 310.30 311.99 308.52 0.899 times
09 Mon Jun 2025 309.13 310.24 312.25 305.87 0.647 times
06 Fri Jun 2025 309.79 310.84 315.08 308.56 0.612 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 311.2 as stoploss in an intra day sell trade for a target of 304.4. However, stock will show a bullish move above 311.2.

Share price targets for Reliance Steel (RS)

Target Type Value
Downside Target 250.07
Downside Target 273.75
Downside Target 279.52
Downside Target 286.47
Downside Target 294.76
Downside Target 306.53
Upside Target 309.86
Upside Target 310.98
Upside Target 312.19
Upside Target 312.70
Upside Target 315.08

Intraday share price targets for Reliance Steel (RS)

Target Type Value
Downside Intraday Target 306.63
Downside Intraday Target 303.94
Upside Intraday Target 310.94
Upside Intraday Target 312.56
Downside Intraday Target 308.25

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
23 Mon Jun 2025 309.33 306.33 309.86 305.55 0.149 times
20 Fri Jun 2025 307.55 304.79 312.19 304.05 1.026 times
13 Fri Jun 2025 310.12 310.24 312.70 301.65 0.948 times
06 Fri Jun 2025 309.79 303.62 315.08 295.61 1.241 times
30 Fri May 2025 292.82 294.50 300.57 286.52 1.32 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
23 Mon Jun 2025 309.33 303.62 315.08 295.61 1.093 times
30 Fri May 2025 292.82 288.96 306.53 286.47 0.768 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

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 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 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 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Steel in short term but BUY signal is weak.

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 309.04 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 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 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 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 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Steel in short term but BUY signal is weak.

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 309.04 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.

Daily charts

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Daily chart
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