(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 2025-03-13 View latest technical analysis
10 day averaged volume of Reliance Steel is 409417
Date | Daily Closing Price | Open | High | Low | Volume |
13 Thu Mar 2025 | 278.93 | 276.11 | 281.13 | 274.80 | 0.942 times |
12 Wed Mar 2025 | 277.62 | 283.05 | 283.05 | 277.62 | 0.943 times |
11 Tue Mar 2025 | 281.61 | 283.51 | 285.96 | 279.87 | 0.91 times |
10 Mon Mar 2025 | 282.58 | 284.56 | 287.21 | 280.82 | 0.978 times |
07 Fri Mar 2025 | 288.93 | 281.79 | 289.86 | 280.95 | 0.928 times |
06 Thu Mar 2025 | 283.33 | 283.35 | 284.03 | 278.95 | 0.886 times |
05 Wed Mar 2025 | 283.33 | 282.32 | 285.94 | 278.97 | 1.253 times |
04 Tue Mar 2025 | 281.23 | 285.20 | 287.00 | 278.36 | 1.388 times |
03 Mon Mar 2025 | 289.02 | 301.18 | 301.49 | 286.58 | 1.016 times |
28 Fri Feb 2025 | 297.16 | 295.99 | 297.60 | 291.51 | 1.023 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 282.9, but if it comes above 282.9, then a intra day buy could be more profitable.
If you take a sell trade below 282.9, then use 282.9 as stoploss and 273.5 as target. However if you take a buy trade in stock , then use 282.9 as stoploss and 290.7 as target.
Share price targets for Reliance Steel (RS)
Target Type | Value |
Downside Target | 256.98 |
Downside Target | 263.07 |
Downside Target | 274.80 |
Upside Target | 298.99 |
Upside Target | 301.49 |
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 | 273.42 |
Downside Intraday Target | 267.9 |
Upside Intraday Target | 285.83 |
Upside Intraday Target | 292.72 |
Upside Intraday Target | 280.31 |
Weekly technical analysis of Reliance Steel (RS)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Thu Mar 2025 | 278.93 | 284.56 | 287.21 | 274.80 | 0.69 times |
07 Fri Mar 2025 | 288.93 | 301.18 | 301.49 | 278.36 | 1.014 times |
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 |
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 |
13 Thu Mar 2025 | 278.93 | 301.18 | 301.49 | 274.80 | 0.46 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 |
31 Tue Dec 2024 | 269.26 | 308.17 | 310.31 | 256.98 | 1.391 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Reliance Steel in short term and the sell signal is strong.
Reliance Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 284.34 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Reliance Steel in short term and the sell signal is strong.
Reliance Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 284.34 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.