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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 2026-01-29 View latest technical analysis

10 day averaged volume of Reliance Steel is 341130

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Jan 2026	332.29	329.23	332.58	327.91	0.94 times
28 Wed Jan 2026	325.86	328.81	329.49	323.93	0.707 times
27 Tue Jan 2026	327.23	324.14	327.44	320.50	0.949 times
26 Mon Jan 2026	326.47	332.87	336.55	324.32	0.752 times
23 Fri Jan 2026	329.83	328.48	329.84	325.75	0.838 times
22 Thu Jan 2026	328.21	333.18	334.05	327.12	0.832 times
21 Wed Jan 2026	330.84	324.15	331.76	323.80	1.05 times
20 Tue Jan 2026	322.24	319.40	325.06	318.76	1.344 times
16 Fri Jan 2026	324.03	322.55	325.55	318.92	1.364 times
15 Thu Jan 2026	322.55	316.58	324.56	315.92	1.157 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 328.5, but if it comes below 328.5, then a intra day sell could be more profitable.
If you take a sell trade below 328.5, then use 328.5 as stoploss and 315.23 as target. However if you take a buy trade in stock , then use 328.5 as stoploss and 344.3 as target.

Share price targets for Reliance Steel (RS)

Target Type	Value
Downside Target	260.31
Downside Target	275.00
Downside Target	283.15
Downside Target	295.90
Downside Target	306.98
Downside Target	310.79
Downside Target	318.76
Downside Target	320.50
Downside Target	325.55
Upside Target	334.05
Upside Target	336.55

Intraday share price targets for Reliance Steel (RS)

Target Type	Value
Downside Intraday Target	323.01
Downside Intraday Target	313.73
Upside Intraday Target	339.06
Upside Intraday Target	345.83
Downside Intraday Target	329.78

Weekly technical analysis of Reliance Steel (RS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Jan 2026	332.29	332.87	336.55	320.50	0.824 times
23 Fri Jan 2026	329.83	319.40	334.05	318.76	0.859 times
16 Fri Jan 2026	324.03	309.25	325.55	306.98	1.143 times
09 Fri Jan 2026	308.83	295.90	310.79	295.90	2.175 times
02 Fri Jan 2026	295.82	295.29	297.15	287.51	3.003 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
29 Thu Jan 2026	332.29	290.83	336.55	287.95	0.853 times
31 Wed Dec 2025	288.87	278.14	300.72	275.00	1.242 times
28 Fri Nov 2025	279.32	276.58	283.15	263.12	0.719 times
31 Fri Oct 2025	282.43	280.25	286.33	260.31	1.132 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 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 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 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 326.58 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.