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
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
16 Wed Apr	275.20	275.17	280.22	270.99

Stock of Reliance Steel & Aluminum Co. closed at 280.09 and it opened at 274.31
It moved inside a range of 272.43 and 280.09

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 4.89, which is 1.78% with investment starting at 275.20.
An investment of 100,000 bucks in Reliance Steel & Aluminum Co. would have become 101780 bucks today.

Reliance Steel & Aluminum Co. RS moves in a range of 1.2 points on a day to day basis. This means that a total of approx 1.2 plus points of returns can be expected in a bullish day, and a total of 1.2 minus points can be expected in a bearish day.
This is about 0.43% 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.

My analysis of Reliance Steel & Aluminum Co. is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Reliance Steel & Aluminum Co. stays above 279.5, but if it comes below 279.5, then a intra day sell could be more profitable.
If you take a sell trade below 279.5, then use 279.5 as stoploss and 274.98 as target. However if you take a buy trade in Reliance Steel & Aluminum Co., then use 279.5 as stoploss and 285 as target.

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 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

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 0.53999999999996, which is 0.19% with investment starting at 279.55.
An investment of 100,000 bucks in Reliance Steel & Aluminum Co. would have become 100190 bucks today.

Reliance Steel & Aluminum Co. RS moves in a range of 3.2 points on a week to week basis. This means that a total of approx 3.2 plus points of returns can be expected in a bullish week, and a total of 3.2 minus points can be expected in a bearish week.
This is about 1.14% of returns per week.

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

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: 3.7 HC: 0 LC: 3.7 OC: 1.7

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