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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 2025-08-08 View latest technical analysis

10 day averaged volume of Reliance Steel is 564590

Date Daily Closing Price Open High Low Volume
08 Fri Aug 2025 285.03 287.48 289.20 284.61 0.56 times
07 Thu Aug 2025 285.47 287.58 288.22 282.56 0.638 times
06 Wed Aug 2025 285.98 287.42 289.92 285.64 0.513 times
05 Tue Aug 2025 287.78 286.30 288.89 284.78 0.51 times
01 Fri Aug 2025 283.43 285.74 286.75 281.74 0.815 times
31 Thu Jul 2025 290.13 290.89 295.78 289.77 0.747 times
30 Wed Jul 2025 295.17 298.66 299.91 294.61 0.874 times
29 Tue Jul 2025 299.72 300.10 303.66 296.21 0.989 times
28 Mon Jul 2025 300.10 305.52 308.45 299.85 1.406 times
25 Fri Jul 2025 306.14 300.90 307.99 297.83 1.348 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 289.6, but if it comes above 289.6, then a intra day buy could be more profitable.
If you take a sell trade below 289.6, then use 289.6 as stoploss and 264.1 as target. However if you take a buy trade in stock , then use 289.6 as stoploss and 310.73 as target.

Share price targets for Reliance Steel (RS)

Target Type Value
Downside Target 250.07
Downside Target 281.74
Upside Target 306.53
Upside Target 308.45
Upside Target 318.14
Upside Target 320.05
Upside Target 323.26
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 281.75
Downside Intraday Target 278.48
Upside Intraday Target 289.11
Upside Intraday Target 293.2
Upside Intraday Target 285.84

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
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
25 Fri Jul 2025 306.14 337.33 347.44 295.00 2.408 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

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
08 Fri Aug 2025 285.03 285.74 289.92 281.74 0.172 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing 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 buy signal for Reliance Steel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 294.28 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing 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 buy signal for Reliance Steel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 294.28 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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