(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 2025-03-19 View latest technical analysis
10 day averaged volume of Reliance Steel is 398947
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Wed Mar 2025 | 283.06 | 281.91 | 283.06 | 277.55 | 1.186 times |
| 18 Tue Mar 2025 | 280.76 | 279.41 | 282.25 | 278.15 | 0.802 times |
| 17 Mon Mar 2025 | 279.42 | 280.35 | 281.93 | 273.79 | 1.434 times |
| 14 Fri Mar 2025 | 282.78 | 281.58 | 284.19 | 279.48 | 0.745 times |
| 13 Thu Mar 2025 | 278.93 | 276.11 | 281.13 | 274.80 | 0.967 times |
| 12 Wed Mar 2025 | 277.62 | 283.05 | 283.05 | 277.62 | 0.968 times |
| 11 Tue Mar 2025 | 281.61 | 283.51 | 285.96 | 279.87 | 0.934 times |
| 10 Mon Mar 2025 | 282.58 | 284.56 | 287.21 | 280.82 | 1.004 times |
| 07 Fri Mar 2025 | 288.93 | 281.79 | 289.86 | 280.95 | 0.952 times |
| 06 Thu Mar 2025 | 283.33 | 283.35 | 284.03 | 278.95 | 0.909 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 279.9 as stoploss in an intra day buy trade for a target of 287.9. However, stock will show a bearish move below 279.9.
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 256.98 |
| Downside Target | 263.07 |
| Downside Target | 273.79 |
| Upside Target | 297.38 |
| 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 | 276.88 |
| Downside Intraday Target | 270.7 |
| Upside Intraday Target | 286.15 |
| Upside Intraday Target | 289.24 |
| Downside Intraday Target | 279.97 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Wed Mar 2025 | 283.06 | 280.35 | 283.06 | 273.79 | 0.741 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 |
| 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 |
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 |
| 19 Wed Mar 2025 | 283.06 | 301.18 | 301.49 | 273.79 | 0.662 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 losing momentum.
MACD generated a SELL signal for Reliance Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Reliance Steel in short term but BUY signal is weak.
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
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 281.79 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 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 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 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 term time period is neutral. A longer time frame might give a better analysis.
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 losing momentum.
MACD generated a SELL signal for Reliance Steel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Reliance Steel in short term but BUY signal is weak.
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
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 281.79 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.