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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 2025-09-23 View latest technical analysis

10 day averaged volume of Reliance Steel is 334970

Date Daily Closing Price Open High Low Volume
23 Tue Sep 2025 283.01 286.84 288.13 280.22 1.007 times
22 Mon Sep 2025 285.33 287.60 289.13 281.78 1.386 times
19 Fri Sep 2025 287.93 289.12 290.32 285.50 2.742 times
18 Thu Sep 2025 287.60 287.01 290.58 285.36 0.842 times
17 Wed Sep 2025 288.58 289.97 297.14 287.42 0.862 times
16 Tue Sep 2025 290.37 293.24 295.22 289.79 0.752 times
15 Mon Sep 2025 290.94 291.21 293.10 288.55 0.847 times
12 Fri Sep 2025 290.72 295.26 297.69 290.44 0.679 times
11 Thu Sep 2025 296.83 292.95 298.61 292.52 0.589 times
10 Wed Sep 2025 292.29 292.39 296.67 290.25 0.608 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 282.8, for a target of 287.8 or 291.98

Share price targets for Reliance Steel (RS)

Target Type Value
Downside Target 280.22
Upside Target 297.14
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 279.11
Downside Intraday Target 275.21
Upside Intraday Target 288.02
Upside Intraday Target 293.03
Upside Intraday Target 284.12

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
23 Tue Sep 2025 283.01 287.60 289.13 280.22 0.396 times
19 Fri Sep 2025 287.93 291.21 297.14 285.36 1.804 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

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
23 Tue Sep 2025 283.01 292.35 302.48 280.22 0.71 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 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 SELL signal for Reliance Steel in short term and the sell signal is strong.

Reliance Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 288.5 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 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 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 SELL signal for Reliance Steel in short term and the sell signal is strong.

Reliance Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 288.5 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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