(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 2025-05-21 View latest technical analysis
10 day averaged volume of Reliance Steel is 237740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed May 2025 | 299.78 | 302.56 | 303.88 | 298.72 | 1.178 times |
| 20 Tue May 2025 | 303.94 | 304.18 | 305.47 | 302.26 | 1.091 times |
| 19 Mon May 2025 | 304.46 | 300.19 | 304.78 | 298.83 | 0.786 times |
| 16 Fri May 2025 | 304.00 | 299.64 | 304.83 | 298.86 | 1.248 times |
| 15 Thu May 2025 | 300.73 | 299.23 | 301.01 | 298.34 | 0.74 times |
| 14 Wed May 2025 | 300.25 | 299.99 | 301.20 | 297.47 | 0.937 times |
| 13 Tue May 2025 | 299.16 | 306.03 | 306.03 | 298.96 | 1.158 times |
| 12 Mon May 2025 | 304.45 | 304.76 | 306.53 | 301.74 | 1.049 times |
| 09 Fri May 2025 | 296.32 | 296.29 | 297.27 | 292.14 | 0.74 times |
| 08 Thu May 2025 | 295.85 | 298.65 | 300.80 | 295.26 | 0.961 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 302.3 as stoploss in an intra day sell trade for a target of 295.87. However, stock will show a bullish move above 302.3.
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 |
| Downside Target | 298.45 |
| Downside Target | 298.72 |
| 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 | 297.18 |
| Downside Intraday Target | 294.57 |
| Upside Intraday Target | 303.93 |
| Upside Intraday Target | 308.07 |
| Upside Intraday Target | 301.32 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed May 2025 | 299.78 | 300.19 | 305.47 | 298.72 | 0.595 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 |
| 21 Wed May 2025 | 299.78 | 288.96 | 306.53 | 286.47 | 0.477 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance Steel in short term and the buy signal is strong.
Reliance Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Reliance Steel in short term but SELL signal is weak.
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 301.04 and Reliance Steel (RS) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance Steel in short term and the buy signal is strong.
Reliance Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Reliance Steel in short term but SELL signal is weak.
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 301.04 and Reliance Steel (RS) stock is trading below this level. This means that stock is falling with high volumes. 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.