Mobile app version of munafa.best
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-06-05 View latest technical analysis

10 day averaged volume of Reliance Steel is 391550

Date Daily Closing Price Open High Low Volume
05 Thu Jun 2025 307.07 309.72 309.72 304.97 0.795 times
04 Wed Jun 2025 308.57 310.00 313.99 307.66 1.424 times
03 Tue Jun 2025 308.22 298.99 308.72 295.61 1.053 times
02 Mon Jun 2025 301.91 303.62 310.00 297.01 1.255 times
30 Fri May 2025 292.82 289.42 292.99 286.52 1.779 times
29 Thu May 2025 291.94 295.80 295.80 290.03 0.838 times
28 Wed May 2025 295.56 299.87 300.44 294.76 0.56 times
27 Tue May 2025 300.24 294.50 300.57 291.83 1.038 times
23 Fri May 2025 291.98 291.46 293.78 288.96 0.64 times
22 Thu May 2025 295.82 299.63 300.66 293.20 0.697 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 305.2, but if it comes below 305.2, then a intra day sell could be more profitable.
If you take a sell trade below 305.2, then use 305.2 as stoploss and 300.15 as target. However if you take a buy trade in stock , then use 305.2 as stoploss and 311.3 as target.

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 300.80
Downside Target 301.49
Downside Target 305.47
Downside Target 306.53
Upside Target 310.98
Upside Target 313.99

Intraday share price targets for Reliance Steel (RS)

Target Type Value
Downside Intraday Target 297.12
Downside Intraday Target 287.18
Upside Intraday Target 315.5
Upside Intraday Target 323.94
Downside Intraday Target 305.56

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
05 Thu Jun 2025 307.07 303.62 313.99 295.61 1.074 times
30 Fri May 2025 292.82 294.50 300.57 286.52 1.32 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

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
05 Thu Jun 2025 307.07 303.62 313.99 295.61 0.308 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 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 short 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 short to mid 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Reliance Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Reliance Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 299.91 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 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 short 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 short to mid 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Reliance Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Reliance Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 299.91 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme