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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 2025-08-20 View latest technical analysis

10 day averaged volume of Reliance Steel is 306700

Date Daily Closing Price Open High Low Volume
20 Wed Aug 2025 286.09 286.86 291.84 283.04 1.646 times
19 Tue Aug 2025 287.17 284.74 288.99 284.32 1.003 times
18 Mon Aug 2025 283.33 286.00 287.12 281.64 0.949 times
15 Fri Aug 2025 286.06 291.40 291.40 286.06 0.95 times
14 Thu Aug 2025 290.27 289.53 290.35 286.46 0.859 times
13 Wed Aug 2025 293.66 287.48 294.40 287.37 0.77 times
12 Tue Aug 2025 286.51 284.86 288.04 283.20 1.195 times
11 Mon Aug 2025 283.13 284.37 286.29 281.17 1.124 times
08 Fri Aug 2025 285.03 287.48 289.20 284.61 1.031 times
07 Thu Aug 2025 285.47 287.58 288.22 282.56 1.175 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 279.6 as stoploss in an intra day buy trade for a target of 293.01. However, stock will show a bearish move below 279.6.

Share price targets for Reliance Steel (RS)

Target Type Value
Downside Target 250.07
Downside Target 281.17
Upside Target 294.40
Upside Target 294.76
Upside Target 295.00
Upside Target 295.61
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 281.21
Downside Intraday Target 276.32
Upside Intraday Target 291.41
Upside Intraday Target 296.72
Upside Intraday Target 286.52

Weekly technical analysis of Reliance Steel (RS)

Date Weekly Closing Price Open High Low Volume
20 Wed Aug 2025 286.09 286.00 291.84 281.64 0.734 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
25 Fri Jul 2025 306.14 337.33 347.44 295.00 2.408 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
20 Wed Aug 2025 286.09 285.74 294.40 281.17 0.434 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is losing 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 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 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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 286.39 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is losing 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 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 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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 286.39 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 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

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