RUSSEL METALS INC (RUS.CA) Technical Analysis
TSX:RUS • CA7819036046
Current stock price
RUS.CA Technical Rating and Analysis
Taking everything into account, RUS scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RUS is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 47.23 - 52.74 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 62% of them, which is more or less in line with the market.
- RUS is part of the Trading Companies & Distributors industry. There are 12 other stocks in this industry, RUS did better than 45% of them.
RUS.CA Weekly and Daily overview Charts
RUS.CA Setup Rating and Analysis
Although RUS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
RUS.CA Support and Resistance Analysis
35.61
6 important support areas can be observed.
- A support zone ranging from 49.72 to 50.51. 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 48.35 to 48.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.91 to 46.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.46 from a trend line in the weekly time frame.
- Support @39.71 from a horizontal line in the daily time frame.
- 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 52.35 to 52.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
RUS.CA Technical Indicator Signal Analysis
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 | 62.76 | 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) | 71.53 | OVERBOUGHT | The high RSI value suggests RUS.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests RUS.CA has a positive trend. |
| Stochastics (14,3) | 93.88 | OVERBOUGHT | The high Stochastics value suggests RUS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for RUS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.08 | NEGATIVE | The low ADX value for RUS.CA suggests a weak or negative trend. |
RUS.CA Chart- and CandleStick Pattern Analysis
RUS.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:RUS (4/28/2026, 7:00:00 PM)
51.89
-0.12 (-0.23%)
RUSSEL METALS INC / RUS.CA TA 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 RUSSEL METALS INC (RUS.CA) stock?
RUSSEL METALS INC (RUS.CA) has an RSI value of 71.5256. 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 0.248955, indicating a bearish trend.
Can you provide the support and resistance levels for RUSSEL METALS INC?
RUSSEL METALS INC (RUS.CA) has a support level at 50.51 and a resistance level at 52.35. Check the full technical report for our detailed analysis of RUS.CA support and resistance levels.