(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 643580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Apr 2025 | 275.32 | 279.58 | 282.72 | 275.25 | 0.636 times |
| 02 Wed Apr 2025 | 293.90 | 284.91 | 294.76 | 284.67 | 0.515 times |
| 01 Tue Apr 2025 | 289.01 | 287.10 | 291.60 | 285.50 | 0.484 times |
| 31 Mon Mar 2025 | 288.75 | 282.98 | 288.95 | 280.73 | 0.563 times |
| 28 Fri Mar 2025 | 286.28 | 294.59 | 294.68 | 286.04 | 0.461 times |
| 26 Wed Mar 2025 | 294.33 | 292.94 | 295.54 | 291.37 | 0.441 times |
| 24 Mon Mar 2025 | 287.39 | 281.74 | 288.46 | 280.19 | 0.7 times |
| 21 Fri Mar 2025 | 277.56 | 277.28 | 278.83 | 273.75 | 4.789 times |
| 20 Thu Mar 2025 | 281.50 | 279.68 | 284.89 | 279.68 | 0.815 times |
| 19 Wed Mar 2025 | 283.06 | 281.91 | 283.06 | 277.55 | 0.735 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 278.7, but if it comes above 278.7, then a intra day buy could be more profitable.
If you take a sell trade below 278.7, then use 278.7 as stoploss and 272.6 as target. However if you take a buy trade in stock , then use 278.7 as stoploss and 283.82 as target.
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 256.98 |
| Downside Target | 263.07 |
| Downside Target | 273.75 |
| 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 | 268.79 |
| Downside Intraday Target | 262.27 |
| Upside Intraday Target | 288.3 |
| Upside Intraday Target | 301.29 |
| Upside Intraday Target | 281.78 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Apr 2025 | 275.32 | 282.98 | 294.76 | 275.25 | 1.372 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 |
| 07 Fri Mar 2025 | 288.93 | 301.18 | 301.49 | 278.36 | 1.014 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 |
| 03 Thu Apr 2025 | 275.32 | 287.10 | 294.76 | 275.25 | 0.101 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Reliance Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Reliance Steel in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Reliance Steel in short term and SELL signal is strong!
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 281.94 and Reliance Steel (RS) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Reliance Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Reliance Steel in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Reliance Steel in short term and SELL signal is strong!
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 281.94 and Reliance Steel (RS) stock is trading below this level. This means that stock is falling with high volumes. 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.