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RUSSEL METALS INC (RUS.CA) Stock Technical Analysis

TSX:RUS - Toronto Stock Exchange - CA7819036046 - Common Stock - Currency: CAD

41.36  -0.16 (-0.39%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to RUS. RUS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, RUS is a bad performer in the overall market: 77% of all stocks are doing better.
RUS is part of the Trading Companies & Distributors industry. There are 13 other stocks in this industry, of which 83% are performing better than RUS.
In the last month RUS has a been trading in the 36.17 - 43.16 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
RUS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RUS is lagging the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
RUSSEL METALS INC / RUS Weekly stock chart
RUSSEL METALS INC / RUS Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, RUS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 41.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RUS in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

35.60

47.58

4 important support areas can be observed.

  • A support zone ranging from 39.84 to 41.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @38.77 from a horizontal line in the daily time frame.
  • Support @38.11 from a trend line in the weekly time frame.
  • Support @35.96 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 41.47 to 42.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 46.49 to 47.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.29
Mansfield-0.73
10 Day High42.83
10 Day Low36.17
20 Day High43.16
20 Day Low36.17
52 Week High46.87
52 Week Low35.2
Performance
1 Week1.55%
2 Weeks-2.71%
1 Month1.87%
3 Month-3.95%
6 Month8.64%
12 Month-11.03%
2 Year16.28%
3 Year31.72%
5 Year109.95%
10 Year62.96%
15 Year117.91%
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)48.35
LBB40.24
UBB42.58
RUSSEL METALS INC / RUS Daily stock chart

RUSSEL METALS INC

TSX:RUS (2/13/2025, 7:00:00 PM)

41.36

-0.16 (-0.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.39%
1 Week1.55%
2 Weeks-2.71%
1 Month1.87%
3 Month-3.95%
6 Month8.64%
12 Month-11.03%
2 Year16.28%
3 Year31.72%
5 Year109.95%
10 Year62.96%
15 Year117.91%
Volatility
ATR(14)1.52
ATR(20)%3.25%
ATR Inc24.41%
Range Today2.29
ADR(20)1.31
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.29
Mansfield-0.73
10 Day High42.83
10 Day Low36.17
20 Day High43.16
20 Day Low36.17
52 Week High46.87
52 Week Low35.2
CS1 End41.13
CR1 Start41.47
Volume & EV
DER(3)0.66%
DER(5)3.79%
Volume333.72K
Volume Incr49.47%
Vol(5)228.75K
Vol(50)167.84K