(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 2026-01-02 View latest technical analysis
10 day averaged volume of Reliance Steel is 278354
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Jan 2026 | 295.82 | 290.83 | 297.15 | 287.95 | 0.779 times |
| 31 Wed Dec 2025 | 288.87 | 291.15 | 292.99 | 287.51 | 0.777 times |
| 29 Mon Dec 2025 | 292.87 | 295.29 | 295.57 | 292.14 | 0.777 times |
| 29 Mon Dec 2025 | 292.87 | 295.29 | 295.57 | 292.14 | 0.777 times |
| 26 Fri Dec 2025 | 296.71 | 296.08 | 297.58 | 294.38 | 0.38 times |
| 24 Wed Dec 2025 | 295.51 | 295.52 | 298.40 | 294.57 | 0.574 times |
| 23 Tue Dec 2025 | 295.37 | 295.49 | 298.49 | 295.22 | 0.8 times |
| 22 Mon Dec 2025 | 295.52 | 291.84 | 297.93 | 291.30 | 0.696 times |
| 19 Fri Dec 2025 | 290.99 | 295.70 | 298.11 | 289.23 | 2.988 times |
| 18 Thu Dec 2025 | 296.62 | 295.90 | 300.72 | 294.92 | 1.403 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 296.4 as stoploss in an intra day sell trade for a target of 291.63. However, stock will show a bullish move above 296.4.
Share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Target | 260.31 |
| Downside Target | 275.00 |
| Downside Target | 292.14 |
| Downside Target | 295.00 |
| Downside Target | 295.57 |
| Upside Target | 297.15 |
| Upside Target | 298.49 |
| Upside Target | 300.72 |
| Upside Target | 302.48 |
Intraday share price targets for Reliance Steel (RS)
| Target Type | Value |
| Downside Intraday Target | 289.84 |
| Downside Intraday Target | 283.85 |
| Upside Intraday Target | 299.48 |
| Upside Intraday Target | 303.13 |
| Downside Intraday Target | 293.49 |
Weekly technical analysis of Reliance Steel (RS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Jan 2026 | 295.82 | 295.29 | 297.15 | 287.51 | 3.003 times |
| 29 Mon Dec 2025 | 292.87 | 295.29 | 295.57 | 292.14 | 0.317 times |
| 26 Fri Dec 2025 | 296.71 | 291.84 | 298.49 | 291.30 | 0.307 times |
| 19 Fri Dec 2025 | 290.99 | 292.00 | 300.72 | 284.91 | 1.327 times |
| 12 Fri Dec 2025 | 291.53 | 283.86 | 295.00 | 279.35 | 1.088 times |
Price has moved up 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 |
| 02 Fri Jan 2026 | 295.82 | 290.83 | 297.15 | 287.95 | 0.032 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Reliance Steel in short term but the sell signal is initial and weak.
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. Bears are weakening, and bulls are picking up momentum!
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 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
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 293.44 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Reliance Steel in short term but the sell signal is initial and weak.
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. Bears are weakening, and bulls are picking up momentum!
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 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
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 293.44 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 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.