(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.
10 day averaged volume of Reliance Steel is 430830
Date | Daily Closing Price | Open | High | Low | Volume |
09 Wed Apr 2025 | 280.28 | 262.10 | 286.89 | 261.44 | 1.686 times |
08 Tue Apr 2025 | 262.08 | 273.08 | 279.75 | 259.82 | 1.123 times |
07 Mon Apr 2025 | 263.39 | 255.08 | 274.19 | 250.07 | 1.668 times |
04 Fri Apr 2025 | 264.78 | 266.90 | 271.52 | 259.21 | 1.532 times |
03 Thu Apr 2025 | 275.32 | 279.58 | 282.72 | 275.25 | 0.95 times |
02 Wed Apr 2025 | 293.90 | 284.91 | 294.76 | 284.67 | 0.769 times |
01 Tue Apr 2025 | 289.01 | 287.10 | 291.60 | 285.50 | 0.723 times |
31 Mon Mar 2025 | 288.75 | 282.98 | 288.95 | 280.73 | 0.841 times |
28 Fri Mar 2025 | 286.28 | 294.59 | 294.68 | 286.04 | 0.689 times |
26 Wed Mar 2025 | 294.33 | 292.94 | 295.54 | 291.37 | 0.658 times |
My analysis of stock is bearish for shortterm, and stock might move down till 271.7 or till 261.2. Use a stoploss of 280.44 and if the stock hits stoploss, then it can shoot up till 289.19
Share price targets for Reliance Steel (RS)
Target Type | Value |
Downside Target | 250.07 |
Downside Target | 256.98 |
Downside Target | 273.75 |
Upside Target | 287.21 |
Upside Target | 294.76 |
Upside Target | 295.54 |
Upside Target | 297.38 |
Upside Target | 301.49 |
Upside Target | 310.31 |
Upside Target | 310.98 |
Intraday share price targets for Reliance Steel (RS)
Target Type | Value |
Downside Intraday Target | 257.94 |
Downside Intraday Target | 235.59 |
Upside Intraday Target | 294.76 |
Upside Intraday Target | 309.23 |
Downside Intraday Target | 272.41 |
Weekly technical analysis of Reliance Steel (RS)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Wed Apr 2025 | 280.28 | 255.08 | 286.89 | 250.07 | 0.93 times |
04 Fri Apr 2025 | 264.78 | 282.98 | 294.76 | 259.21 | 2.012 times |
28 Fri Mar 2025 | 286.28 | 281.74 | 295.54 | 280.19 | 0.207 times |
21 Fri Mar 2025 | 277.56 | 280.35 | 284.89 | 273.75 | 2.699 times |
14 Fri Mar 2025 | 282.78 | 284.56 | 287.21 | 274.80 | 0.822 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 |
09 Wed Apr 2025 | 280.28 | 287.10 | 294.76 | 250.07 | 0.349 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 |
31 Fri Jan 2025 | 289.50 | 272.32 | 297.38 | 263.07 | 1.032 times |
Scroll below to view daily charts
Price has moved down 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 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 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 to mid 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 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 SELL signal for Reliance Steel in short term and the sell signal is strong.
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 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 but BUY signal is weak.
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 276.54 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 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 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 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 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 to mid 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 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 SELL signal for Reliance Steel in short term and the sell signal is strong.
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 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 but BUY signal is weak.
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 276.54 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.