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(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 2025-10-23 View latest technical analysis

10 day averaged volume of Reliance Steel is 303958

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Oct 2025	273.74	268.50	274.44	260.31	2.029 times
22 Wed Oct 2025	274.34	276.65	279.37	273.62	1.224 times
21 Tue Oct 2025	278.65	275.54	282.08	275.50	0.961 times
20 Mon Oct 2025	278.42	275.45	279.39	273.42	1.269 times
17 Fri Oct 2025	271.70	268.30	273.06	268.30	1.151 times
16 Thu Oct 2025	269.23	272.23	275.48	267.28	1.217 times
15 Wed Oct 2025	272.75	277.41	279.73	271.75	0.743 times
14 Tue Oct 2025	276.04	272.58	278.55	270.50	1.023 times
13 Mon Oct 2025	275.45	274.36	278.43	273.10	1.099 times
07 Tue Oct 2025	280.43	281.82	284.10	279.93	0.932 times

Stock of Reliance Steel (RS) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 274.1, but if it comes above 274.1, then a intra day buy could be more profitable.
If you take a sell trade below 274.1, then use 274.1 as stoploss and 268.6 as target. However if you take a buy trade in stock , then use 274.1 as stoploss and 278.73 as target.

Share price targets for Reliance Steel (RS)

Target Type	Value
Downside Target	260.31
Downside Target	267.28
Upside Target	276.02
Upside Target	286.33
Upside Target	289.13
Upside Target	289.77
Upside Target	295.61
Upside Target	298.03
Upside Target	302.48
Upside Target	318.14
Upside Target	347.44

Intraday share price targets for Reliance Steel (RS)

Target Type	Value
Downside Intraday Target	262.01
Downside Intraday Target	250.27
Upside Intraday Target	283.78
Upside Intraday Target	293.81
Downside Intraday Target	272.04

Weekly technical analysis of Reliance Steel (RS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Oct 2025	273.74	275.45	282.08	260.31	1.048 times
17 Fri Oct 2025	271.70	274.36	279.73	267.28	3.983 times
07 Tue Oct 2025	280.43	285.49	285.49	279.93	0.26 times
03 Fri Oct 2025	284.11	285.68	286.33	276.02	0.867 times
26 Fri Sep 2025	283.94	287.60	289.13	279.76	0.873 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
23 Thu Oct 2025	273.74	280.25	286.33	260.31	0.646 times
30 Tue Sep 2025	280.83	292.35	302.48	276.02	0.978 times
29 Fri Aug 2025	295.66	285.74	298.03	281.17	0.687 times
31 Thu Jul 2025	290.13	313.46	347.44	289.77	1.277 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Reliance Steel in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 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 274.88 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.