Munafa technical analysis Reliance Steel & Aluminum Co. RS technical analysis buy or sell

Munafa technical analysis Reliance Steel & Aluminum Co. RS technical analysis buy or sell Analysis of Reliance Steel & Aluminum Co. RS to buy or sell for Daily, weekly or monthly

Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis

Date	Close	Open	High	Low
24 Thu Apr	285.16	276.63	288.70	271.92
22 Tue Apr	280.09	274.31	280.09	272.43
21 Mon Apr	271.85	275.52	275.98	270.00
17 Thu Apr	277.62	273.13	278.83	273.13
16 Wed Apr	275.20	275.17	280.22	270.99

Stock of Reliance Steel & Aluminum Co. closed at 285.16 and it opened at 276.63
It moved inside a range of 271.92 and 288.70

52 week High is 326.87 and 52 week Low is 250.07
Financial Year High is 294.76 and Low is 250.07
This year High is 310.98 and Low is 250.07

Reliance Steel & Aluminum Co. RS Daily Analysis to buy or sell

As per my analysis of Reliance Steel & Aluminum Co. RS, 12 day returns for Reliance Steel & Aluminum Co. RS have been positive, with total returns of 9.96, which is 3.62% with investment starting at 275.20.
An investment of 100,000 bucks in Reliance Steel & Aluminum Co. would have become 103620 bucks today.

Reliance Steel & Aluminum Co. RS moves in a range of 1.9 points on a day to day basis. This means that a total of approx 1.9 plus points of returns can be expected in a bullish day, and a total of 1.9 minus points can be expected in a bearish day.
This is about 0.67% of returns per day.

Reliance Steel & Aluminum Co. Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Reliance Steel & Aluminum Co. RS at this time.

It appears as if Reliance Steel & Aluminum Co. RS gave a large move recently.

Stock of Reliance Steel & Aluminum Co. (RS) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for Reliance Steel & Aluminum Co. is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 285.4, for a target of 280.3 or 276.06

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of Reliance Steel & Aluminum Co. RS

Candle stick analysis of Reliance Steel & Aluminum Co. as on 24 Thu Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Reliance Steel & Aluminum Co. are:
HL: 6.2 HC: 1.2 LC: 4.9 OC: 4.4

Reliance Steel & Aluminum Co. is moving towards a high expiry

Candle stick analysis of Reliance Steel & Aluminum Co. as on 22 Tue Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Reliance Steel & Aluminum Co. are:
HL: 2.8 HC: 0 LC: 2.8 OC: 2.1

Reliance Steel & Aluminum Co. is moving towards a high expiry

Candle stick analysis of Reliance Steel & Aluminum Co. as on 21 Mon Apr 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Reliance Steel & Aluminum Co. are:
HL: 2.2 HC: 1.5 LC: 0.7 OC: 0.2

Reliance Steel & Aluminum Co. is moving towards a low expiry

Reliance Steel & Aluminum Co. is forming a DOJI candle

Candle stick analysis of Reliance Steel & Aluminum Co. as on 17 Thu Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Reliance Steel & Aluminum Co. are:
HL: 2.1 HC: 0.4 LC: 1.6 OC: 2.1

Reliance Steel & Aluminum Co. is moving towards a high expiry

Candle stick analysis of Reliance Steel & Aluminum Co. as on 16 Wed Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Reliance Steel & Aluminum Co. are:
HL: 3.4 HC: 1.8 LC: 1.6 OC: 1.8

Reliance Steel & Aluminum Co. is moving towards a low expiry

Reliance Steel & Aluminum Co. RS Weekly Analysis to buy or sell

As per my analysis of Reliance Steel & Aluminum Co. RS, 12 week returns for Reliance Steel & Aluminum Co. RS have been positive, with total returns of 5.61, which is 2.01% with investment starting at 279.55.
An investment of 100,000 bucks in Reliance Steel & Aluminum Co. would have become 102010 bucks today.

Reliance Steel & Aluminum Co. RS moves in a range of 3.6 points on a week to week basis. This means that a total of approx 3.6 plus points of returns can be expected in a bullish week, and a total of 3.6 minus points can be expected in a bearish week.
This is about 1.26% of returns per week.

Weekly Candle Stick analysis of Reliance Steel & Aluminum Co. RS

Candle stick analysis of Reliance Steel & Aluminum Co. as on 24 Thu Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Reliance Steel & Aluminum Co. are:
HL: 6.9 HC: 1.2 LC: 5.6 OC: 4.8

Reliance Steel & Aluminum Co. is moving towards a high expiry

Candle stick analysis of Reliance Steel & Aluminum Co. as on 17 Thu Apr 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Reliance Steel & Aluminum Co. are:
HL: 3.4 HC: 0.9 LC: 2.5 OC: 1.8