RELIANCE INC (RS) Stock Technical Analysis
NYSE:RS - New York Stock Exchange, Inc. - US7595091023 - Common Stock - Currency: USD
Overall RS gets a technical rating of 4 out of 10. In the last year, RS was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, RS is a bad performer in the overall market: 74% of all stocks are doing better.
RS is one of the lesser performing stocks in the Metals & Mining industry. 64% of 150 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RS has a been trading in the 279.52 - 310.98 range, which is quite wide. It is currently trading near the high of this range.
RS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RS is lagging the market.
RS has an average technical rating and the quality of the presented setup is also not ideal 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
261.55
317.76
We found 2 important support areas.
- A support zone ranging from 284.31 to 292.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 264.19 to 271.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @314.61 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.13
Mansfield-0.68
10 Day High310.98
10 Day Low282.58
20 Day High310.98
20 Day Low279.52
52 Week High342.2
52 Week Low256.98
Performance
1 Week5.38%
2 Weeks5.62%
1 Month5.26%
3 Month-5.2%
6 Month7.27%
12 Month-6.62%
2 Year22.12%
3 Year58.57%
5 Year195.88%
10 Year430.89%
15 Year582.59%
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)1.28
RSI(14)62.47
LBB278.42
UBB302.32
302.66
+9.04 (+3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.08%
1 Week5.38%
2 Weeks5.62%
1 Month5.26%
3 Month-5.2%
6 Month7.27%
12 Month-6.62%
2 Year22.12%
3 Year58.57%
5 Year195.88%
10 Year430.89%
15 Year582.59%
Volatility
ATR(14)7.74
ATR(20)%2.33%
ATR Inc77.87%
Range Today15
ADR(20)6.55
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.13
Mansfield-0.68
10 Day High310.98
10 Day Low282.58
20 Day High310.98
20 Day Low279.52
52 Week High342.2
52 Week Low256.98
CS1 End292.16
CR1 Start314.61
Volume & EV
DER(3)-0.93%
DER(5)-1.42%
Volume874.10K
Volume Incr37.75%
Vol(5)526.06K
Vol(50)473.18K