(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 2025-05-20 View latest technical analysis
10 day averaged volume of Reliance Steel is 242041
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue May 2025 | 303.94 | 304.18 | 305.47 | 302.26 | 1.072 times |
| 19 Mon May 2025 | 304.46 | 300.19 | 304.78 | 298.83 | 0.772 times |
| 16 Fri May 2025 | 304.00 | 299.64 | 304.83 | 298.86 | 1.226 times |
| 15 Thu May 2025 | 300.73 | 299.23 | 301.01 | 298.34 | 0.727 times |
| 14 Wed May 2025 | 300.25 | 299.99 | 301.20 | 297.47 | 0.92 times |
| 13 Tue May 2025 | 299.16 | 306.03 | 306.03 | 298.96 | 1.137 times |
| 12 Mon May 2025 | 304.45 | 304.76 | 306.53 | 301.74 | 1.03 times |
| 09 Fri May 2025 | 296.32 | 296.29 | 297.27 | 292.14 | 0.727 times |
| 08 Thu May 2025 | 295.85 | 298.65 | 300.80 | 295.26 | 0.944 times |
| 07 Wed May 2025 | 297.29 | 296.80 | 298.22 | 293.85 | 1.266 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 302.1, but if it comes below 302.1, then a intra day sell could be more profitable.
If you take a sell trade below 302.1, then use 302.1 as stoploss and 294.89 as target. However if you take a buy trade in stock , then use 302.1 as stoploss and 310.8 as target.
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 250.07 |
| Downside Target | 263.07 |
| Downside Target | 270.00 |
| Downside Target | 279.52 |
| Downside Target | 298.45 |
| Downside Target | 298.83 |
| Downside Target | 300.80 |
| Downside Target | 301.49 |
| Upside Target | 305.47 |
| Upside Target | 306.53 |
| Upside Target | 310.98 |
Intraday share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Intraday Target | 300.02 |
| Downside Intraday Target | 296.11 |
| Upside Intraday Target | 306.66 |
| Upside Intraday Target | 309.39 |
| Downside Intraday Target | 302.75 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue May 2025 | 303.94 | 300.19 | 305.47 | 298.83 | 0.366 times |
| 16 Fri May 2025 | 304.00 | 304.76 | 306.53 | 297.47 | 1.009 times |
| 09 Fri May 2025 | 296.32 | 293.00 | 300.80 | 292.14 | 0.798 times |
| 02 Fri May 2025 | 297.22 | 285.11 | 298.45 | 281.22 | 1.617 times |
| 25 Fri Apr 2025 | 284.25 | 275.52 | 288.70 | 270.00 | 3.44 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 |
| 20 Tue May 2025 | 303.94 | 288.96 | 306.53 | 286.47 | 0.44 times |
| 30 Wed Apr 2025 | 288.23 | 287.10 | 294.76 | 250.07 | 0.717 times |
| 31 Mon Mar 2025 | 288.75 | 301.18 | 301.49 | 273.75 | 1.269 times |
| 28 Fri Feb 2025 | 297.16 | 286.60 | 310.98 | 279.52 | 0.861 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Reliance Steel ( (RS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Reliance Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 300.71 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Reliance Steel ( (RS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Reliance Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 300.71 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.