RELIANCE INC (RS)
US7595091023 - Common Stock
Taking everything into account, RS scores 7 out of 10 in our technical rating. In the last year, RS was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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.
When compared to the yearly performance of all other stocks, RS outperforms 60% of them, which is more or less in line with the market.
RS is an average performer in the Metals & Mining industry, it outperforms 57% of 157 stocks in the same industry.
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.
In the last month RS has a been trading in the 281.81 - 326.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although RS has an excellent technical rating, the quality of the presented setup is 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
268.51
335.66
When analyzing the support we can see 3 important areas.
- A support zone ranging from 288.51 to 294.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 277.09 to 278.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 271.22 to 272.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @332.34 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.19
Mansfield-0.71
10 Day High326.87
10 Day Low283.8
20 Day High326.87
20 Day Low281.81
52 Week High342.2
52 Week Low261.77
Performance
1 Week-3.45%
2 Weeks8.25%
1 Month4.6%
3 Month10.1%
6 Month3.89%
12 Month13.78%
2 Year46.7%
3 Year108.55%
5 Year162.73%
10 Year384.78%
15 Year658.24%
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)1.54
RSI(14)56.58
LBB275.2
UBB334.73
RELIANCE INC
NYSE:RS (11/15/2024, 4:01:04 PM)
After market: 310.44 0 (0%)310.44
+0.47 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.15%
1 Week-3.45%
2 Weeks8.25%
1 Month4.6%
3 Month10.1%
6 Month3.89%
12 Month13.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)9.16
ATR(20)%2.93%
ATR Inc
Range Today5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High326.87
10 Day Low283.8
20 Day High326.87
20 Day Low281.81
52 Week High342.2
52 Week Low261.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume286.39K
Volume Incr5.28%
Vol(5)331.74K
Vol(50)335.28K