(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 2025-05-27 View latest technical analysis
10 day averaged volume of Reliance Steel is 247010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue May 2025 | 300.24 | 294.50 | 300.57 | 291.83 | 1.646 times |
| 23 Fri May 2025 | 291.98 | 291.46 | 293.78 | 288.96 | 1.014 times |
| 22 Thu May 2025 | 295.82 | 299.63 | 300.66 | 293.20 | 1.106 times |
| 21 Wed May 2025 | 299.78 | 302.56 | 303.88 | 298.72 | 1.134 times |
| 20 Tue May 2025 | 303.94 | 304.18 | 305.47 | 302.26 | 1.05 times |
| 19 Mon May 2025 | 304.46 | 300.19 | 304.78 | 298.83 | 0.757 times |
| 16 Fri May 2025 | 304.00 | 299.64 | 304.83 | 298.86 | 1.201 times |
| 15 Thu May 2025 | 300.73 | 299.23 | 301.01 | 298.34 | 0.713 times |
| 14 Wed May 2025 | 300.25 | 299.99 | 301.20 | 297.47 | 0.902 times |
| 13 Tue May 2025 | 299.16 | 306.03 | 306.03 | 298.96 | 1.115 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 302.4 as stoploss in an intra day sell trade for a target of 297.44. However, stock will show a bullish move above 302.4.
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 250.07 |
| Downside Target | 263.07 |
| Downside Target | 273.75 |
| Downside Target | 279.52 |
| Downside Target | 298.45 |
| Upside Target | 300.57 |
| 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 | 294.52 |
| Downside Intraday Target | 288.81 |
| Upside Intraday Target | 303.26 |
| Upside Intraday Target | 306.29 |
| Downside Intraday Target | 297.55 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue May 2025 | 300.24 | 294.50 | 300.57 | 291.83 | 0.325 times |
| 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 |
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 |
| 27 Tue May 2025 | 300.24 | 288.96 | 306.53 | 286.47 | 0.601 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 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 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 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 weakening, and bulls 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Reliance Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 299.95 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 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 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 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 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 weakening, and bulls 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Reliance Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 299.95 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.