Technical Analysis for RS - Reliance Steel & Aluminum Co.

Grade Last Price % Change Price Change
D 290.62 -0.52% -1.51
RS closed down 0.52 percent on Friday, April 26, 2024, on 1.75 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
3 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Slingshot Bearish Bearish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Earnings Movers Other 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Up 2% about 18 hours ago
Lizard Bullish Entry about 19 hours ago
Hammer Candlestick Entry about 19 hours ago
Rose Above Previous Day's High about 19 hours ago
Rose Above Lower Bollinger Band about 19 hours ago

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Profile

Reliance Steel & Aluminum Co. Description

Reliance Steel & Aluminum Co. operates as a metals service center company. The company provides metals processing services and distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products to mills and original equipment manufacturers. Its processing services comprise cutting, leveling, sawing, machining, or electropolishing. The company also offers a range of metal perforating and fabrication services; and steel and alloy pipes, tubes and bar products, and precision manufacturing of various tools designed for the energy service companies. Reliance Steel & Aluminum Co. serves manufacturers and end-users in the general manufacturing, non-residential construction, transportation, aerospace, energy, electronics, and semiconductor fabrication and related industries. As of December 31, 2012, it maintained a network of approximately 240 metals service center processing and distribution facilities in 38 states in the United States, as well as in Australia, Belgium, Canada, China, Malaysia, Mexico, Singapore, South Korea, the United Arab Emirates, and the United Kingdom. The company was founded in 1939 and is headquartered in Los Angeles, California.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Aerospace Electronics Semiconductor Steel Building Materials Alloys Stainless Steel Energy Services Steel Products Machining Metal Products Titanium Brass Carbon Steel Fabrication Services Bar Products Light Metal Age Precision Manufacturing

Is RS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 342.2
52 Week Low 226.6914
Average Volume 279,004
200-Day Moving Average 285.16
50-Day Moving Average 323.84
20-Day Moving Average 324.10
10-Day Moving Average 313.97
Average True Range 8.18
RSI (14) 18.03
ADX 26.1
+DI 13.01
-DI 39.85
Chandelier Exit (Long, 3 ATRs) 317.65
Chandelier Exit (Short, 3 ATRs) 305.77
Upper Bollinger Bands 350.98
Lower Bollinger Band 297.23
Percent B (%b) -0.12
BandWidth 16.59
MACD Line -6.21
MACD Signal Line -1.64
MACD Histogram -4.5697
Fundamentals Value
Market Cap 16.7 Billion
Num Shares 57.5 Million
EPS 23.85
Price-to-Earnings (P/E) Ratio 12.19
Price-to-Sales 1.14
Price-to-Book 2.23
PEG Ratio 1.20
Dividend 3.88
Dividend Yield 1.34%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 302.77
Resistance 3 (R3) 303.88 300.94 300.75
Resistance 2 (R2) 300.94 297.85 300.39 300.07
Resistance 1 (R1) 295.78 295.93 298.36 294.67 299.39
Pivot Point 292.84 292.84 294.13 292.29 292.84
Support 1 (S1) 287.68 289.75 290.26 286.57 281.85
Support 2 (S2) 284.74 287.83 284.19 281.17
Support 3 (S3) 279.58 284.74 280.50
Support 4 (S4) 278.47