RELIANCE INC (RS) Stock Technical Analysis
USA - NYSE:RS - US7595091023 - Common Stock
291.36 USD
+0.64 (+0.22%)
Overall RS gets a technical rating of 2 out of 10. RS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, RS is a bad performer in the overall market: 72% of all stocks are doing better.
RS is one of the lesser performing stocks in the Metals & Mining industry. 78% of 156 stocks in the same industry do better.
RS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
Considerably lower volume is observed in the last couple of days.
RS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
259.45
343.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 290.01 to 291.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 270.55 to 272.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 262.07 to 264.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 292.15 to 302.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @340.04 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for RS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RS is neutral. |
| ChartMill Relative Strength | 28.21 | NEGATIVE | RS has a low relative strength, it was outperformed by 71.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.34 | NEUTRAL | The RSI value for RS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests RS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.68 | NEUTRAL | The Stochastics value for RS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for RS suggests some volalility. |
| Average Directional Index/ADX (14) | 13.76 | NEGATIVE | The low ADX value for RS suggests a weak or negative trend. |
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)
NYSE:RS (9/15/2025, 1:15:00 PM)
291.36
+0.64 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.22%
1 Week-2.77%
2 Weeks-1.22%
1 Month0.16%
3 Month-6.26%
6 Month2.81%
12 Month4.61%
2 Year10.86%
3 Year66.69%
5 Year184.91%
10 Year438.27%
15 Year600.02%
Volatility
ATR(14)5.96
ATR(20)%2.08%
ATR Inc15.99%
Range Today4.5
ADR(20)5.75
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.21
Mansfield-1.09
10 Day High302.48
10 Day Low287.39
20 Day High302.48
20 Day Low281.64
52 Week High347.44
52 Week Low250.07
CS1 End290.01
CR1 Start291.27
Volume & EV
DER(3)-0.18%
DER(5)-1.17%
Volume115.59K
Volume Incr-25.03%
Vol(5)224.46K
Vol(50)362.02K