Mobile app version of munafa.top
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.

Showing technical analysis as on 2025-08-12 View latest technical analysis

10 day averaged volume of Reliance Steel is 432590

Date Daily Closing Price Open High Low Volume
12 Tue Aug 2025 286.51 284.86 288.04 283.20 0.847 times
11 Mon Aug 2025 283.13 284.37 286.29 281.17 0.797 times
08 Fri Aug 2025 285.03 287.48 289.20 284.61 0.731 times
07 Thu Aug 2025 285.47 287.58 288.22 282.56 0.833 times
06 Wed Aug 2025 285.98 287.42 289.92 285.64 0.669 times
05 Tue Aug 2025 287.78 286.30 288.89 284.78 0.665 times
01 Fri Aug 2025 283.43 285.74 286.75 281.74 1.063 times
31 Thu Jul 2025 290.13 290.89 295.78 289.77 0.975 times
30 Wed Jul 2025 295.17 298.66 299.91 294.61 1.141 times
29 Tue Jul 2025 299.72 300.10 303.66 296.21 1.291 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 284.8 as stoploss in an intra day buy trade for a target of 306.38. However, stock will show a bearish move below 284.8.

Share price targets for Reliance Steel (RS)

Target Type Value
Downside Target 250.07
Downside Target 281.17
Upside Target 295.00
Upside Target 295.61
Upside Target 306.53
Upside Target 308.45
Upside Target 318.14
Upside Target 320.05
Upside Target 336.79
Upside Target 347.44

Intraday share price targets for Reliance Steel (RS)

Target Type Value
Downside Intraday Target 282.44
Downside Intraday Target 278.37
Upside Intraday Target 289.31
Upside Intraday Target 292.11
Downside Intraday Target 285.24

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
12 Tue Aug 2025 286.51 284.37 288.04 281.17 0.567 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
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

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
12 Tue Aug 2025 286.51 285.74 289.92 281.17 0.244 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 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 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 moving up

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 289.07 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 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 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 moving up

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 289.07 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

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