Mobile app version of munafa.biz
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 2025-03-13 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.

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