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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 2025-07-24 View latest technical analysis

10 day averaged volume of Reliance Steel is 403510

Date Daily Closing Price Open High Low Volume
24 Thu Jul 2025 301.33 338.23 340.90 295.00 3.023 times
23 Wed Jul 2025 343.66 338.36 344.32 337.74 1.183 times
22 Tue Jul 2025 340.20 338.20 347.44 338.20 1.456 times
21 Mon Jul 2025 339.04 337.33 343.18 335.57 1.735 times
18 Fri Jul 2025 336.21 333.06 336.79 330.77 1.229 times
17 Thu Jul 2025 330.63 325.04 332.48 325.04 0.811 times
16 Wed Jul 2025 325.94 321.86 326.96 320.05 0.747 times
15 Tue Jul 2025 322.00 329.15 329.15 321.99 0.464 times
14 Mon Jul 2025 328.06 327.55 329.77 326.50 0.604 times
11 Fri Jul 2025 328.48 330.52 332.83 325.71 0.913 times

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

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 305, for a target of 316.6 or 326.32

Share price targets for Reliance Steel (RS)

Target Type Value
Downside Target 250.07
Downside Target 273.75
Downside Target 286.47
Downside Target 294.76
Upside Target 318.14
Upside Target 320.05
Upside Target 323.26
Upside Target 328.27
Upside Target 333.71
Upside Target 336.79
Upside Target 347.44

Intraday share price targets for Reliance Steel (RS)

Target Type Value
Downside Intraday Target 281.74
Downside Intraday Target 262.15
Upside Intraday Target 334.18
Upside Intraday Target 367.03
Upside Intraday Target 314.59

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
24 Thu Jul 2025 301.33 337.33 347.44 295.00 1.919 times
18 Fri Jul 2025 336.21 327.55 336.79 320.05 1.025 times
11 Fri Jul 2025 328.48 324.87 333.71 323.26 1.312 times
03 Thu Jul 2025 326.96 316.30 328.27 312.14 0.763 times
27 Fri Jun 2025 316.81 306.33 318.14 305.55 0.76 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
24 Thu Jul 2025 301.33 313.46 347.44 295.00 0.889 times
30 Mon Jun 2025 313.90 303.62 318.14 295.61 1.355 times
30 Fri May 2025 292.82 288.96 306.53 286.47 0.768 times
30 Wed Apr 2025 288.23 287.10 294.76 250.07 0.717 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 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 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 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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

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 326.62 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 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 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 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 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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

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 326.62 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.

Daily charts

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Daily chart
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