(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.
10 day averaged volume of Reliance Steel is 652490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Apr 2025 | 264.78 | 266.90 | 271.52 | 259.21 | 1.012 times |
| 03 Thu Apr 2025 | 275.32 | 279.58 | 282.72 | 275.25 | 0.627 times |
| 02 Wed Apr 2025 | 293.90 | 284.91 | 294.76 | 284.67 | 0.508 times |
| 01 Tue Apr 2025 | 289.01 | 287.10 | 291.60 | 285.50 | 0.477 times |
| 31 Mon Mar 2025 | 288.75 | 282.98 | 288.95 | 280.73 | 0.555 times |
| 28 Fri Mar 2025 | 286.28 | 294.59 | 294.68 | 286.04 | 0.455 times |
| 26 Wed Mar 2025 | 294.33 | 292.94 | 295.54 | 291.37 | 0.435 times |
| 24 Mon Mar 2025 | 287.39 | 281.74 | 288.46 | 280.19 | 0.69 times |
| 21 Fri Mar 2025 | 277.56 | 277.28 | 278.83 | 273.75 | 4.723 times |
| 20 Thu Mar 2025 | 281.50 | 279.68 | 284.89 | 279.68 | 0.803 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 268.4, for a target of 276.3 or 282.89
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 256.98 |
| Upside Target | 273.75 |
| Upside Target | 287.21 |
| Upside Target | 294.76 |
| Upside Target | 295.54 |
| Upside Target | 297.38 |
| Upside Target | 301.49 |
| Upside Target | 310.31 |
| Upside Target | 310.98 |
Intraday share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Intraday Target | 251.07 |
| Downside Intraday Target | 237.37 |
| Upside Intraday Target | 286.62 |
| Upside Intraday Target | 308.47 |
| Upside Intraday Target | 272.92 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Apr 2025 | 264.78 | 282.98 | 294.76 | 259.21 | 2.012 times |
| 28 Fri Mar 2025 | 286.28 | 281.74 | 295.54 | 280.19 | 0.207 times |
| 21 Fri Mar 2025 | 277.56 | 280.35 | 284.89 | 273.75 | 2.699 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Reliance Steel (RS)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Fri Apr 2025 | 264.78 | 287.10 | 294.76 | 259.21 | 0.164 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 |
| 31 Fri Jan 2025 | 289.50 | 272.32 | 297.38 | 263.07 | 1.032 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 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 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 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 SELL signal for Reliance Steel in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 and selling is picking up 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 280.17 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 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 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 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 SELL signal for Reliance Steel in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 and selling is picking up 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 280.17 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.