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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 2025-05-21 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.

Daily charts

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Daily chart
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