RELIANCE INC (RS)
US7595091023 - Common Stock
Taking everything into account, RS scores 0 out of 10 in our technical rating. RS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, RS is a bad performer in the overall market: 65% of all stocks are doing better.
In the last month RS has a been trading in the 274.48 - 307.00 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
RS is part of the Metals & Mining industry. There are 156 other stocks in this industry, RS did better than 45% of them.
RS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RS is lagging the market.
The technical rating of RS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
237.31
335.66
When analyzing the support we can see 3 important areas.
- A support zone ranging from 277.08 to 277.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @255.42 from a trend line in the weekly time frame.
- Support @239.71 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 285.40 to 293.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 298.82 to 304.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @332.34 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.57
Mansfield-1.55
10 Day High302.08
10 Day Low274.48
20 Day High307
20 Day Low274.48
52 Week High342.2
52 Week Low237.14
Performance
1 Week-3.44%
2 Weeks-7.88%
1 Month-7.04%
3 Month-13.58%
6 Month2.43%
12 Month8.21%
2 Year63.13%
3 Year83.62%
5 Year192.85%
10 Year275.92%
15 Year621.78%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.41
RSI(14)29.47
LBB273.39
UBB304.83
RELIANCE INC
NYSE:RS (6/17/2024, 9:57:27 AM)
278.795
+1.71 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.62%
1 Week-3.44%
2 Weeks-7.88%
1 Month-7.04%
3 Month-13.58%
6 Month2.43%
12 Month8.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.98
ATR(20)%2.01%
ATR Inc
Range Today3.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High302.08
10 Day Low274.48
20 Day High307
20 Day Low274.48
52 Week High342.2
52 Week Low237.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume69.41K
Volume Incr12.24%
Vol(5)382.52K
Vol(50)315.80K