RUSSEL METALS INC (RUS.CA) Stock Technical Analysis
Canada - TSX:RUS - CA7819036046 - Common Stock
Taking everything into account, RUS scores 0 out of 10 in our technical rating. RUS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
RUS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 39.66, a Stop Loss order could be placed below this zone.
More info and screens
35.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 39.45 to 39.66. 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 35.60 to 35.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 40.98 to 41.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.02 from a trend line in the daily time frame.
- A resistance zone ranging from 45.97 to 46.49. 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 | DOWN | NEGATIVE | The long term trend for RUS.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RUS.CA is down. |
| ChartMill Relative Strength | 17.62 | NEGATIVE | RUS.CA has a low relative strength, it was outperformed by 82.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RUS.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RUS.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RUS.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.72 | NEUTRAL | The RSI value for RUS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests RUS.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.77 | OVERSOLD | The low Stochastics value suggests RUS.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for RUS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.92 | NEUTRAL | The ADX value for RUS.CA suggests a possible start of a new trend. |
TSX:RUS (11/19/2025, 7:00:00 PM)
40.06
+0.51 (+1.29%)
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 0 / 10 to RUS.CA.
What is the trend direction for RUS stock?
The current trend direction for RUSSEL METALS INC (RUS.CA) is Bearish.
What is the RSI signal for RUS stock?
RUSSEL METALS INC (RUS.CA) has an RSI value of 44.72. This indicates that the stock is currently neutral.
What is the short term momentum for RUS stock?
The short term momentum for RUSSEL METALS INC (RUS.CA) is negative.
Can you provide the support and resistance levels for RUSSEL METALS INC?
RUSSEL METALS INC (RUS.CA) has a support level at 39.66 and a resistance level at 40.98. Check the full technical report for our detailed analysis of RUS.CA support and resistance levels.