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Reliance Steel & Aluminum Co.

RS Technical Analysis Summary (NYSE)

Analyze RS on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RS●NYSE
Basic MaterialsSteel
$390.15
$10.41(2.60%)
U.S. Market opens in 19h 32m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RS Technical Analysis Summary (NYSE)

Reliance Steel & Aluminum Co. (NYSE: RS) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.41)
Trend Strength:Weak (ADX: 14.33)
Volatility:Medium (ATR: 11.66)
Support/Resistance:$380.60 – $403.23 (Bollinger Bands)

Technical conditions suggest Reliance Steel & Aluminum Co. on the NYSE is awaiting a decisive move. This mix signals that Reliance Steel & Aluminum Co. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 45.41

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 53.62

Neutral
Mid-range signal with no clear trend.

Williams %R: -65.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.55

Neutral
Price change is minimal.

Takeaway:Reliance Steel & Aluminum Co. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -2.30

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.33

Weak
Weak trend, market trading sideways.

ATR (14): 11.66

Rising
Rising volatility, market activity increasing.

CCI (14): -22.11

Bearish
Bearish, momentum remains under pressure.

Takeaway:Reliance Steel & Aluminum Co. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$403.23
Middle Band (SMA 20)
$391.92
Lower Band
$380.60
Current Position
Within Bands

Takeaway:Reliance Steel & Aluminum Co. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$418.66
Middle Line (EMA 20)
$395.33
Lower Channel
$372.01
Squeeze Status
Squeeze On

Takeaway:Reliance Steel & Aluminum Co. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.14M
Money Flow Index57.55Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.50Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:RS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Reliance Steel & Aluminum Co. (NYSE: RS), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Reliance Steel & Aluminum Co. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: RS) Technical Analysis FAQ