RELIANCE INC (RS) Stock Technical Analysis
USA - NYSE:RS - US7595091023 - Common Stock
275.29 USD
-1.46 (-0.53%)
Overall RS gets a technical rating of 0 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
77% of all other stocks performed better in the past year than RS.
RS is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 81% are performing better than RS.
RS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RS has a been trading in the 260.31 - 287.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 272.69, a Stop Loss order could be placed below this zone.
More info and screens
259.45
343.44
2 important support areas can be observed.
- A support zone ranging from 271.85 to 272.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 262.07 to 267.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 276.81 to 285.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @293.66 from a horizontal line in the daily time frame.
- A resistance zone ranging from 299.00 to 299.00. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for RS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RS is neutral. |
| ChartMill Relative Strength | 23.17 | NEGATIVE | RS has a low relative strength, it was outperformed by 76.83% off all stocks 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) | 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) | 45.78 | NEUTRAL | The RSI value for RS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests RS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.63 | NEUTRAL | The Stochastics value for RS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for RS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.29 | 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 (11/6/2025, 3:45:02 PM)
275.29
-1.46 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.53%
1 Week-1.94%
2 Weeks0.88%
1 Month-1.6%
3 Month-2.9%
6 Month-6.6%
12 Month-13.68%
2 Year0.54%
3 Year30.98%
5 Year134.93%
10 Year370.58%
15 Year522.61%
Volatility
ATR(14)7.62
ATR(20)%2.79%
ATR Inc12.33%
Range Today5.57
ADR(20)7.5
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.17
3 months CRS25.29
6 months CRS18.96
Mansfield-1.54
10 Day High284.61
10 Day Low260.31
20 Day High287
20 Day Low260.31
52 Week High347.44
52 Week Low250.07
CS1 End272.69
CR1 Start276.81
Volume & EV
DER(3)-0.39%
DER(5)-0.21%
Volume169.72K
Volume Incr19.65%
Vol(5)420.96K
Vol(50)339.84K
RELIANCE INC / RS FAQ
What is the technical rating for RS stock?
ChartMill assigns a technical rating of 0 / 10 to RS.
Can you provide the trend direction for RELIANCE INC?
The current trend direction for RELIANCE INC (RS) is Bearish.
What is the RSI signal for RS stock?
RELIANCE INC (RS) has an RSI value of 45.7777. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RELIANCE INC?
The MACD indicator for RELIANCE INC (RS) has a value of 0.602603, indicating a bearish trend.