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Reliance Steel (RS) Technical (Analysis) Reports Reliance Steel ["Technical Analysis"] Reports -USA Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Reliance Steel (RS)
Technical Analysis Report for USA stock RS Reliance Steel. Dated: 23 Mar 2026 Updated Daily. Stock trades under Basic Industries Deals in Metal Fabrications in USA stock exchange
If you are looking for Tomorrow's Movement Predictions for USA stock RS Reliance Steel then click here. or read Experts views on Reliance Steel or Forecast & share price targets of Reliance Steel
Reliance Steel Opened at 296.29 and Closed at: 291.76, which is 0.41% of previous session's close. It moved within a range of 291.67 and 299.25
The session was a Bearish session with an average volume of 547300, which is 62.6% of previous session's volumes.
- Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
- Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
Support for tomorrow is 287.93 and resistance for tomorrow is 295.51
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 289.2, 286.65 resistance for tomorrow's hourly charts is 296.78, 301.81
10 Day SMA for Reliance Steel (RS) is 298.16 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Reliance Steel (RS) is 306.71 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Reliance Steel (RS) is 322.44 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 303.34 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Reliance Steel is 300.81 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Reliance Steel is at 306.71 and 200 DMA is at 300.81, while 50 DMA and 100 DMA are at 322.44 and 303.34 respectively
Reliance Steel (RS) moving average of 20 SMA is at 306.71 and 20 EMA is at 306.17
| Date | Closing Price | 20 SMA | 20 EMA |
| 23 Mon Mar | 291.76 | 306.71 | 306.17 |
| 20 Fri Mar | 290.56 | 308.07 | 307.69 |
| 19 Thu Mar | 294.74 | 309.91 | 309.49 |
| 17 Tue Mar | 299.04 | 311.99 | 311.04 |
| 16 Mon Mar | 297.80 | 314.06 | 312.3 |
| 13 Fri Mar | 297.44 | 316.34 | 313.83 |
Reliance Steel (RS) moving average of 50 SMA is at 322.44 and 50 EMA is at 312.17
| Date | Closing Price | 50 SMA | 50 EMA |
| 23 Mon Mar | 291.76 | 322.44 | 312.17 |
| 20 Fri Mar | 290.56 | 322.76 | 313 |
| 19 Thu Mar | 294.74 | 322.95 | 313.92 |
| 17 Tue Mar | 299.04 | 323.05 | 314.7 |
| 16 Mon Mar | 297.80 | 323 | 315.34 |
| 13 Fri Mar | 297.44 | 322.96 | 316.06 |
Reliance Steel (RS) moving average of 100 SMA is at 303.34 and 100 EMA is at 307.87
| Date | Closing Price | 100 SMA | 100 EMA |
| 23 Mon Mar | 291.76 | 303.34 | 307.87 |
| 20 Fri Mar | 290.56 | 303.21 | 308.2 |
| 19 Thu Mar | 294.74 | 303.07 | 308.56 |
| 17 Tue Mar | 299.04 | 302.86 | 308.84 |
| 16 Mon Mar | 297.80 | 302.61 | 309.04 |
| 13 Fri Mar | 297.44 | 302.42 | 309.27 |
Reliance Steel (RS) moving average of 200 SMA is at 300.81 and 200 EMA is at 301.92
| Date | Closing Price | 200 SMA | 200 EMA |
| 23 Mon Mar | 291.76 | 300.81 | 301.92 |
| 20 Fri Mar | 290.56 | 300.81 | 302.02 |
| 19 Thu Mar | 294.74 | 300.84 | 302.14 |
| 17 Tue Mar | 299.04 | 300.87 | 302.21 |
| 16 Mon Mar | 297.80 | 300.83 | 302.24 |
| 13 Fri Mar | 297.44 | 300.82 | 302.28 |
Reliance Steel has performed better than Vulcan Materials in short term. Holding Reliance Steel could be a better choice for now!
Cvr Partners has performed better than Reliance Steel in short term. You could have earned much better returns by investing in Cvr Partners, about 42.05% more returns!
Sensient Technologies has performed better than Reliance Steel in short term. You could have earned much better returns by investing in Sensient Technologies, about 1.93% more returns!
Reliance Steel has performed better than Pan American in short term. Holding Reliance Steel could be a better choice for now!
Olin Corporation has performed better than Reliance Steel in short term. You could have earned much better returns by investing in Olin Corporation, about 17.08% more returns!
Ingevity Corporation has performed better than Reliance Steel in short term. You could have earned much better returns by investing in Ingevity Corporation, about 4.05% more returns!
Reliance Steel has performed better than Granite Construction in short term. Holding Reliance Steel could be a better choice for now!
Fmc Corporation has performed better than Reliance Steel in short term. You could have earned much better returns by investing in Fmc Corporation, about 13.76% more returns!
Reliance Steel has performed better than Futurefuel Corp in short term. Holding Reliance Steel could be a better choice for now!
Reliance Steel has performed better than Eldorado Gold in short term. Holding Reliance Steel could be a better choice for now!
Reliance Steel has performed better than Ecolab Inc in short term. Holding Reliance Steel could be a better choice for now!
Constellium N has performed better than Reliance Steel in short term. You could have earned much better returns by investing in Constellium N, about 3.48% more returns!
Reliance Steel has performed better than Carlisle Companies in short term. Holding Reliance Steel could be a better choice for now!
Reliance Steel has performed better than Topbuild Corp in short term. Holding Reliance Steel could be a better choice for now!
Reliance Steel has performed better than Bhp Group in short term. Holding Reliance Steel could be a better choice for now!
Air Products has performed better than Reliance Steel in short term. You could have earned much better returns by investing in Air Products, about 7.97% more returns!
Reliance Steel has performed better than Steel Dynamics in short term. Holding Reliance Steel could be a better choice for now!
Preformed Line has performed better than Reliance Steel in short term. You could have earned much better returns by investing in Preformed Line, about 14.06% more returns!
Reliance Steel has performed better than Innospec Inc in short term. Holding Reliance Steel could be a better choice for now!
Reliance Steel Technical analysis of indicators
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.
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 getting stronger in this stock.
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 BUY signal in short term but buying is losing 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 298.67 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for USA stock RS Reliance Steel These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And RS Experts View which covers a lot of information including buying and selling signals
RS future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Reliance Steel or View Candle Stick Charts here
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