Mobile app version of munafa.us
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 319470

Date Daily Closing Price Open High Low Volume
29 Fri Aug 2025 295.66 294.26 298.03 294.02 1.127 times
28 Thu Aug 2025 294.32 296.96 296.96 291.00 0.706 times
27 Wed Aug 2025 295.19 293.49 296.31 293.20 0.928 times
26 Tue Aug 2025 295.34 294.93 295.97 290.91 1.238 times
25 Mon Aug 2025 294.33 294.76 296.83 292.60 0.847 times
22 Fri Aug 2025 294.54 287.49 295.01 286.11 0.957 times
21 Thu Aug 2025 285.85 283.65 286.25 283.44 0.957 times
20 Wed Aug 2025 286.09 286.86 291.84 283.04 1.58 times
19 Tue Aug 2025 287.17 284.74 288.99 284.32 0.963 times
18 Mon Aug 2025 283.33 286.00 287.12 281.64 0.911 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 293.5, but if it comes below 293.5, then a intra day sell could be more profitable.
If you take a sell trade below 293.5, then use 293.5 as stoploss and 288.96 as target. However if you take a buy trade in stock , then use 293.5 as stoploss and 298.9 as target.

Share price targets for Reliance Steel (RS)

Target Type Value
Downside Target 250.07
Downside Target 281.17
Downside Target 294.76
Downside Target 295.01
Downside Target 295.61
Upside Target 298.03
Upside Target 306.53
Upside Target 308.45
Upside Target 318.14
Upside Target 347.44

Intraday share price targets for Reliance Steel (RS)

Target Type Value
Downside Intraday Target 291.7
Downside Intraday Target 287.75
Upside Intraday Target 298.82
Upside Intraday Target 301.99
Downside Intraday Target 294.87

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
29 Fri Aug 2025 295.66 294.76 298.03 290.91 0.903 times
22 Fri Aug 2025 294.54 286.00 295.01 281.64 1.141 times
15 Fri Aug 2025 286.06 284.37 294.40 281.17 1.198 times
08 Fri Aug 2025 285.03 286.30 289.92 282.56 0.46 times
01 Fri Aug 2025 283.43 305.52 308.45 281.74 0.728 times

Price has moved up 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
29 Fri Aug 2025 295.66 285.74 298.03 281.17 0.651 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
30 Fri May 2025 292.82 288.96 306.53 286.47 0.768 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 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 short 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.

Price action analysis of Reliance Steel ( (RS) ) based on a short to mid 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.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Reliance Steel in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 290.97 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 rising upwards.

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 is giving positive 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 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 short 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.

Price action analysis of Reliance Steel ( (RS) ) based on a short to mid 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.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Reliance Steel in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Reliance Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 290.97 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 rising upwards.

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 is giving positive 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme