RUSSEL METALS INC (RUS.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:RUS - CA7819036046 - Common Stock
Taking everything into account, RUS scores 8 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 long and short term trends are both positive. This is looking good!
- RUS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RUS has a been trading in the 43.38 - 48.80 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, RUS outperforms 59% of them, which is more or less in line with the market.
- RUS is an average performer in the Trading Companies & Distributors industry, it outperforms 45% of 12 stocks in the same industry.
Besides having an excellent technical rating, RUS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
35.61
When analyzing the support we can see 4 important areas.
- A support zone ranging from 46.02 to 46.42. 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 43.61 to 43.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.45 to 40.32. 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.
- A resistance zone ranging from 48.52 to 48.52. This zone is formed by a combination of multiple trend lines 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 RUS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RUS.CA is up. |
| ChartMill Relative Strength | 59.13 | 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) | 73.95 | OVERBOUGHT | The high RSI value suggests RUS.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RUS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.76 | OVERBOUGHT | The high Stochastics value suggests RUS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for RUS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 53.42 | POSITIVE | The high ADX value value for RUS.CA suggests a strong trend. |
TSX:RUS (1/27/2026, 7:00:00 PM)
48.51
+0.34 (+0.71%)
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 8 / 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 73.9519. This indicates that the stock is currently overbought.
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 0.0528074, indicating a bearish trend.
What is the buy/sell signal for RUS stock?
The buy/sell signal for RUSSEL METALS INC (RUS.CA) is buy as both the short term and long term trends are positive.