Is Reliance Steel & Aluminum Co. stock a buy or sell right now?

Based on current indicators, Reliance Steel & Aluminum Co. shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Reliance Steel & Aluminum Co.’s RSI?

RSI is 58.10, showing balanced momentum within the normal range.

What does MACD indicate for RS?

MACD at 10.83 remains positive, but the signal line crossover suggests short-term caution.

What are Reliance Steel & Aluminum Co.’s key support and resistance levels?

Support sits around $338.28, while resistance is near $382.35.

Reliance Steel & Aluminum Co.

RS•NYSE

Basic Materials

Steel

$361.73

$-6.11(-1.66%)

U.S. Market opens in 31h 33m

Reliance Steel & Aluminum Co. (RS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Reliance Steel & Aluminum Co. (NYSE:RS).

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

Reliance Steel & Aluminum Co. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 58.10)

Trend Strength:Very Strong (ADX: 48.92)

Volatility:Medium (ATR: 9.18)

Support/Resistance:$338.28 – $382.35 (Bollinger Bands)

Overall, Reliance Steel & Aluminum Co. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 58.10

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 50.37

Neutral

Mid-range signal with no clear trend.

Williams %R: -75.15

Bearish

Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.20

Neutral

Price change is minimal.

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

Trend & Volatility

MACD: 10.83

Bullish

Bullish, trend momentum is strengthening.

ADX: 48.92

Very Strong

Very strong trend, powerful directional momentum.

ATR (14): 9.18

Rising

Rising volatility, market activity increasing.

CCI (14): -83.65

Bearish

Bearish, momentum remains under pressure.

Takeaway:Reliance Steel & Aluminum Co. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$382.35

Middle Band (SMA 20)

$360.32

Lower Band

$338.28

Current Position

Within Bands

Takeaway:Reliance Steel & Aluminum Co. trades around the middle band, reflecting balanced price action.

Keltner Channels

Upper Channel

$375.65

Middle Line (EMA 20)

$357.29

Lower Channel

$338.93

Squeeze Status

No Squeeze

Takeaway:Reliance Steel & Aluminum Co. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume-1.73M

Money Flow Index55.91Neutral, balanced money flows with no clear signal.

Relative Vigor Index50.91Neutral 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., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Reliance Steel & Aluminum Co. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.