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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.

10 day averaged volume of Reliance Steel is 407296

Date Daily Closing Price Open High Low Volume
01 Tue Jul 2025 321.33 313.46 323.00 312.14 0.956 times
30 Mon Jun 2025 313.90 316.30 317.18 313.77 0.715 times
27 Fri Jun 2025 316.81 314.80 318.14 313.13 1.425 times
26 Thu Jun 2025 314.65 312.29 315.25 308.31 0.37 times
25 Wed Jun 2025 309.04 308.96 310.59 306.88 0.521 times
24 Tue Jun 2025 308.90 310.00 312.15 308.75 0.675 times
23 Mon Jun 2025 309.33 306.33 309.86 305.55 0.729 times
20 Fri Jun 2025 307.55 311.82 311.82 304.28 3.027 times
18 Wed Jun 2025 309.05 310.40 312.19 307.41 1.01 times
17 Tue Jun 2025 309.74 304.79 312.19 304.05 0.858 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 318.9, for a target of 314.1 or 310.22

Share price targets for Reliance Steel (RS)

Target Type Value
Downside Target 250.07
Downside Target 273.75
Downside Target 286.47
Downside Target 294.76
Downside Target 312.14
Downside Target 312.19
Downside Target 312.70
Downside Target 315.08
Downside Target 318.14
Upside Target 323.00

Intraday share price targets for Reliance Steel (RS)

Target Type Value
Downside Intraday Target 314.65
Downside Intraday Target 307.96
Upside Intraday Target 325.51
Upside Intraday Target 329.68
Downside Intraday Target 318.82

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
01 Tue Jul 2025 321.33 316.30 323.00 312.14 0.449 times
27 Fri Jun 2025 316.81 306.33 318.14 305.55 0.76 times
20 Fri Jun 2025 307.55 304.79 312.19 304.05 1.026 times
13 Fri Jun 2025 310.12 310.24 312.70 301.65 0.948 times
06 Fri Jun 2025 309.79 303.62 315.08 295.61 1.241 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
01 Tue Jul 2025 321.33 313.46 323.00 312.14 0.05 times
30 Mon Jun 2025 313.90 303.62 318.14 295.61 1.355 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

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 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 Strong and stock is gaining 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 tired and bears 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 and BUY signal is strong.

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

Although the stock is in the BUY zone, but buying 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 311.43 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 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 Strong and stock is gaining 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 tired and bears 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 and BUY signal is strong.

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

Although the stock is in the BUY zone, but buying 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 311.43 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

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Daily chart
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