Technical Analysis for RS - Reliance Steel & Aluminum Co.

Grade Last Price % Change Price Change
D 147.58 0.90% 1.32
RS closed up 0.9 percent on Friday, October 15, 2021, on approximately normal volume. It ran into resistance at its 50 day moving average. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
Earnings due: Oct 28
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up
Historical RS trend table...

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Above Upper BB Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Older End-of-Day Signals for RS ...

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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 Equipment Manufacturers Steel Building Materials Architecture Metal Alloy Stainless Steel Steel Products Machining Metal Products Titanium Polishing Brass Carbon Steel Fabrication Services Bar Products Energy Service Light Metal Age Reliance Steel & Aluminum Co.

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 181.205
52 Week Low 105.01
Average Volume 307,845
200-Day Moving Average 148.81
50-Day Moving Average 148.20
20-Day Moving Average 143.64
10-Day Moving Average 143.89
Average True Range 3.66
ADX 18.59
+DI 24.63
-DI 22.71
Chandelier Exit (Long, 3 ATRs) 138.88
Chandelier Exit (Short, 3 ATRs) 146.43
Upper Bollinger Bands 147.28
Lower Bollinger Band 140.00
Percent B (%b) 1.04
BandWidth 5.07
MACD Line -0.65
MACD Signal Line -1.39
MACD Histogram 0.7403
Fundamentals Value
Market Cap 9.41 Billion
Num Shares 63.8 Million
EPS 6.13
Price-to-Earnings (P/E) Ratio 24.07
Price-to-Sales 0.87
Price-to-Book 1.51
PEG Ratio 1.20
Dividend 2.50
Dividend Yield 1.69%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 151.15
Resistance 3 (R3) 151.36 150.39 150.56
Resistance 2 (R2) 150.39 149.48 150.28 150.36
Resistance 1 (R1) 148.98 148.92 149.69 148.77 150.16
Pivot Point 148.01 148.01 148.36 147.90 148.01
Support 1 (S1) 146.60 147.10 147.31 146.39 145.00
Support 2 (S2) 145.63 146.54 145.52 144.80
Support 3 (S3) 144.22 145.63 144.61
Support 4 (S4) 144.01