Technical Analysis for RS - Reliance Steel & Aluminum Co.

Grade Last Price % Change Price Change
B 313.53 1.46% 4.50
RS closed up 1.46 percent on Wednesday, November 20, 2024, on 1.14 times normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 1.46%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.46%
Gapped Down Weakness 1.46%
NR7 Range Contraction 1.03%
NR7-2 Range Contraction 1.03%
Narrow Range Bar Range Contraction 1.03%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.00%
NR7 Range Contraction 1.00%
Inside Day Range Contraction 1.00%
Gapped Up Strength 1.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 21 hours ago
Non-ADX 1,2,3,4 Pullback Entry about 24 hours ago
Rose Above Previous Day's High about 24 hours ago
Up 1% about 24 hours ago
Fell Below Previous Day's Low 2 days 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 Semiconductor Electronics 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 339.6318
52 Week Low 258.9186
Average Volume 330,740
200-Day Moving Average 297.80
50-Day Moving Average 293.65
20-Day Moving Average 304.51
10-Day Moving Average 315.09
Average True Range 7.37
RSI (14) 58.85
ADX 23.39
+DI 29.72
-DI 18.75
Chandelier Exit (Long, 3 ATRs) 304.75
Chandelier Exit (Short, 3 ATRs) 303.93
Upper Bollinger Bands 332.18
Lower Bollinger Band 276.84
Percent B (%b) 0.66
BandWidth 18.17
MACD Line 6.17
MACD Signal Line 6.40
MACD Histogram -0.2272
Fundamentals Value
Market Cap 18.02 Billion
Num Shares 57.5 Million
EPS 23.85
Price-to-Earnings (P/E) Ratio 13.15
Price-to-Sales 1.14
Price-to-Book 2.23
PEG Ratio 1.20
Dividend 3.88
Dividend Yield 1.24%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 321.89
Resistance 3 (R3) 321.23 317.77 320.50
Resistance 2 (R2) 317.77 315.64 318.11 320.04
Resistance 1 (R1) 315.65 314.33 316.71 316.32 319.57
Pivot Point 312.20 312.20 312.73 312.53 312.20
Support 1 (S1) 310.08 310.07 311.14 310.74 307.49
Support 2 (S2) 306.62 308.75 306.95 307.02
Support 3 (S3) 304.50 306.62 306.56
Support 4 (S4) 305.17