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Russel Metals Inc.

RUS.TO Technical Analysis Summary (TSX)

Analyze RUS.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RUS.TO●TSX
IndustrialsIndustrial - Distribution
$89.64
$0.31(0.34%)
Canadian Market opens in 12h 39m

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

RUS.TO Technical Analysis Summary (TSX)

Russel Metals Inc. (TSX: RUS.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 57.16)
Trend Strength:Strong (ADX: 31.18)
Volatility:Medium (ATR: 2.56)
Support/Resistance:$84.49 – $95.38 (Bollinger Bands)

Technical conditions suggest Russel Metals Inc. on the TSX is awaiting a decisive move. Technical signals confirm buyers remain in control of Russel Metals Inc.’s price action.

Momentum Indicators

RSI (14): 57.16

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 41.05

Neutral
Mid-range signal with no clear trend.

Williams %R: -65.46

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.77

Bearish
Selling pressure outweighs buying.

Takeaway:Russel Metals Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 2.70

Bullish
Bullish, trend momentum is strengthening.

ADX: 31.18

Strong
Strong trend, momentum well established.

ATR (14): 2.56

Medium
Medium volatility, healthy price movement.

CCI (14): -80.01

Bearish
Bearish, momentum remains under pressure.

Takeaway:Russel Metals Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$95.38
Middle Band (SMA 20)
$89.94
Lower Band
$84.49
Current Position
Within Bands

Takeaway:Russel Metals Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$93.90
Middle Line (EMA 20)
$88.78
Lower Channel
$83.66
Squeeze Status
No Squeeze

Takeaway:Russel Metals Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.68M
Money Flow Index35.32Bearish, selling pressure outweighs inflows.
Relative Vigor Index42.44Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RUS.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Russel Metals Inc. (TSX: RUS.TO), 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.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Russel Metals Inc. stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(TSX: RUS.TO) Technical Analysis FAQ