RELIANCE INC (RS) Stock Technical Analysis
NYSE:RS • US7595091023
We assign a technical rating of 5 out of 10 to RS. RS has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- RS is one of the lesser performing stocks in the Metals & Mining industry. 78% of 156 stocks in the same industry do better.
- In the last month RS has a been trading in the 313.05 - 365.59 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the performance of all stocks over the past year, RS turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- 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.
RS has an average technical rating and it also does not offer a high 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
264.37
When analyzing the support we can see 2 important areas.
- Support @283.43 from a horizontal line in the daily time frame.
- A support zone ranging from 267.04 to 272.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 316.48 to 317.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RS is down. |
| ChartMill Relative Strength | 65.13 | NEUTRAL | RS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.06 | NEUTRAL | The RSI value for RS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.05 | NEGATIVE | The MACD value suggests RS has a negative trend. |
| Stochastics (14,3) | 12.48 | OVERSOLD | The low Stochastics value suggests RS may be oversold. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for RS suggests some volalility. |
| Average Directional Index/ADX (14) | 40.54 | POSITIVE | The high ADX value value for RS suggests a strong trend. |
NYSE:RS (2/25/2026, 10:55:57 AM)
315.265
-1.85 (-0.58%)
RELIANCE INC / RS FAQ
What is the technical rating for RS stock?
ChartMill assigns a technical rating of 5 / 10 to RS.
What is the current trend direction of RELIANCE INC (RS) stock?
The current trend direction for RELIANCE INC (RS) is Bullish.
What is the RSI signal for RS stock?
RELIANCE INC (RS) has an RSI value of 40.0625. This indicates that the stock is currently neutral.
What is the buy/sell signal for RELIANCE INC (RS) stock?
The buy/sell signal for RELIANCE INC (RS) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for RELIANCE INC?
RELIANCE INC (RS) has a support level at 317.1 and a resistance level at 317.35. Check the full technical report for our detailed analysis of RS support and resistance levels.