(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 2025-09-16 View latest technical analysis
10 day averaged volume of Reliance Steel is 231220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Sep 2025 | 290.37 | 293.24 | 295.22 | 289.79 | 1.089 times |
| 15 Mon Sep 2025 | 290.94 | 291.21 | 293.10 | 288.55 | 1.227 times |
| 12 Fri Sep 2025 | 290.72 | 295.26 | 297.69 | 290.44 | 0.983 times |
| 11 Thu Sep 2025 | 296.83 | 292.95 | 298.61 | 292.52 | 0.854 times |
| 10 Wed Sep 2025 | 292.29 | 292.39 | 296.67 | 290.25 | 0.881 times |
| 09 Tue Sep 2025 | 293.07 | 300.62 | 302.39 | 292.35 | 1.003 times |
| 08 Mon Sep 2025 | 298.02 | 299.09 | 301.25 | 295.97 | 1.133 times |
| 05 Fri Sep 2025 | 298.99 | 296.37 | 302.48 | 295.80 | 1.029 times |
| 04 Thu Sep 2025 | 294.96 | 289.32 | 294.97 | 287.51 | 1.238 times |
| 03 Wed Sep 2025 | 289.84 | 289.18 | 291.46 | 287.39 | 0.785 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 289.7 as stoploss in an intra day buy trade for a target of 293.17. However, stock will show a bearish move below 289.7.
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 281.17 |
| Upside Target | 298.03 |
| Upside Target | 302.39 |
| Upside Target | 302.48 |
| Upside Target | 306.53 |
| Upside Target | 318.14 |
| Upside Target | 347.44 |
Intraday share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Intraday Target | 287.54 |
| Downside Intraday Target | 284.71 |
| Upside Intraday Target | 294.21 |
| Upside Intraday Target | 298.05 |
| Upside Intraday Target | 291.38 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Sep 2025 | 290.37 | 291.21 | 295.22 | 288.55 | 0.477 times |
| 12 Fri Sep 2025 | 290.72 | 299.09 | 302.39 | 290.25 | 1.239 times |
| 05 Fri Sep 2025 | 298.99 | 292.35 | 302.48 | 287.39 | 2.518 times |
| 29 Fri Aug 2025 | 295.66 | 294.26 | 298.03 | 294.02 | 0.232 times |
| 29 Fri Aug 2025 | 295.66 | 294.76 | 298.03 | 290.91 | 0.903 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 |
| 16 Tue Sep 2025 | 290.37 | 292.35 | 302.48 | 287.39 | 0.375 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 |
| 30 Mon Jun 2025 | 313.90 | 303.62 | 318.14 | 295.61 | 1.355 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance Steel in short term but the buy signal is initial and weak.
Reliance Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Reliance Steel in short term but BUY signal is weak.
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
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 293.67 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance Steel in short term but the buy signal is initial and weak.
Reliance Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Reliance Steel in short term but BUY signal is weak.
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
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 293.67 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.