(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 2025-02-28 View latest technical analysis
10 day averaged volume of Reliance Steel is 495080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Feb 2025 | 297.16 | 295.99 | 297.60 | 291.51 | 0.846 times |
| 27 Thu Feb 2025 | 295.00 | 294.95 | 298.26 | 294.39 | 0.56 times |
| 26 Wed Feb 2025 | 294.29 | 299.23 | 300.64 | 293.90 | 0.561 times |
| 25 Tue Feb 2025 | 296.04 | 297.43 | 300.39 | 295.14 | 0.968 times |
| 24 Mon Feb 2025 | 299.21 | 304.09 | 306.37 | 298.74 | 1.526 times |
| 21 Fri Feb 2025 | 301.06 | 306.48 | 306.48 | 299.85 | 1.073 times |
| 20 Thu Feb 2025 | 302.66 | 297.26 | 310.98 | 295.99 | 1.766 times |
| 19 Wed Feb 2025 | 293.62 | 295.15 | 299.49 | 292.89 | 1.075 times |
| 18 Tue Feb 2025 | 299.38 | 299.61 | 300.70 | 295.72 | 0.841 times |
| 14 Fri Feb 2025 | 297.69 | 292.94 | 298.99 | 292.42 | 1.037 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 298.4 as stoploss in an intra day sell trade for a target of 292.4. However, stock will show a bullish move above 298.4.
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 256.98 |
| Downside Target | 263.07 |
| Downside Target | 277.64 |
| Upside Target | 297.38 |
| Upside Target | 298.99 |
| Upside Target | 299.61 |
| Upside Target | 306.37 |
| Upside Target | 310.31 |
| Upside Target | 310.98 |
| Upside Target | 326.87 |
Intraday share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Intraday Target | 290.32 |
| Downside Intraday Target | 283.49 |
| Upside Intraday Target | 305.18 |
| Upside Intraday Target | 313.21 |
| Upside Intraday Target | 298.35 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Feb 2025 | 297.16 | 304.09 | 306.37 | 291.51 | 0.938 times |
| 21 Fri Feb 2025 | 301.06 | 299.61 | 310.98 | 292.89 | 1.267 times |
| 14 Fri Feb 2025 | 297.69 | 298.54 | 298.99 | 285.01 | 1.024 times |
| 07 Fri Feb 2025 | 283.04 | 286.60 | 290.70 | 279.52 | 0.936 times |
| 31 Fri Jan 2025 | 289.50 | 290.40 | 297.38 | 287.65 | 1.156 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 |
| 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 |
| 31 Tue Dec 2024 | 269.26 | 308.17 | 310.31 | 256.98 | 1.391 times |
| 26 Tue Nov 2024 | 321.91 | 286.61 | 326.87 | 283.80 | 1.058 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Reliance Steel ( (RS) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Reliance Steel ( (RS) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Reliance Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 298.3 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Reliance Steel ( (RS) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Reliance Steel ( (RS) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Reliance Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 298.3 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.