RUSSEL METALS INC (RUS.CA) Stock Technical Analysis
TSX:RUS • CA7819036046
Taking everything into account, RUS scores 7 out of 10 in our technical rating. Although RUS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- RUS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RUS is lagging the market slightly.
- When comparing the performance of all stocks over the past year, RUS turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- RUS is part of the Trading Companies & Distributors industry. There are 12 other stocks in this industry, RUS did better than 45% of them.
- In the last month RUS has a been trading in the 45.02 - 53.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, RUS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 48.72, a Stop Loss order could be placed below this zone.
More info and screens
35.61
We found 5 important support areas.
- A support zone ranging from 48.06 to 48.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 46.66 to 47.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.76 from a trend line in the weekly time frame.
- A support zone ranging from 39.71 to 40.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @51.46 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for RUS.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RUS.CA is neutral. |
| ChartMill Relative Strength | 60.95 | NEUTRAL | RUS.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RUS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RUS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RUS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.3 | NEUTRAL | The RSI value for RUS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests RUS.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.99 | NEUTRAL | The Stochastics value for RUS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for RUS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.27 | NEUTRAL | The ADX value for RUS.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 51.47 | 48.05 | 3.42 (6.64%) | 15.05% |
| An entry @51.47. This is a Buy Stop order right above the resistance zone. | An exit @48.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.42 points, which is 6.64%. | For a 1.00% total portfolio risk, you can invest 15.05% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:RUS (3/2/2026, 7:00:00 PM)
49.31
+1.27 (+2.64%)
RUSSEL METALS INC / RUS.CA FAQ
What is the ChartMill technical rating of RUSSEL METALS INC (RUS.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to RUS.CA.
What is the current trend direction of RUSSEL METALS INC (RUS.CA) stock?
The current trend direction for RUSSEL METALS INC (RUS.CA) is Bullish.
What is the RSI signal for RUS stock?
RUSSEL METALS INC (RUS.CA) has an RSI value of 57.3035. This indicates that the stock is currently neutral.
What is the MACD signal for RUSSEL METALS INC (RUS.CA) stock?
The MACD indicator for RUSSEL METALS INC (RUS.CA) has a value of -0.0773217, indicating a bearish trend.