Technical Analysis for RS - Reliance Steel & Aluminum Co.

Grade Last Price % Change Price Change
B 320.71 0.02% 0.07
RS closed up 0.02 percent on Monday, March 18, 2024, on 79 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
Gapped Up Strength 0.00%
Crossed Above 20 DMA Bullish 0.02%
Pocket Pivot Bullish Swing Setup 0.02%
Volume Surge Other 0.02%
Bollinger Band Squeeze Range Contraction 0.02%
Three Weeks Tight Range Contraction 0.02%
Inside Day Range Contraction 0.02%

   Recent Intraday Alerts

Alert Time
Gap Up Closed about 15 hours ago
20 DMA Support about 15 hours ago
Fell Below 10 DMA about 15 hours ago
Reversed from Up about 15 hours ago
60 Minute Opening Range Breakdown about 15 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 332.1922
52 Week Low 226.6914
Average Volume 256,501
200-Day Moving Average 275.47
50-Day Moving Average 300.73
20-Day Moving Average 320.27
10-Day Moving Average 320.59
Average True Range 6.19
RSI (14) 58.68
ADX 26.09
+DI 27.64
-DI 20.46
Chandelier Exit (Long, 3 ATRs) 313.62
Chandelier Exit (Short, 3 ATRs) 330.92
Upper Bollinger Bands 324.76
Lower Bollinger Band 315.78
Percent B (%b) 0.55
BandWidth 2.80
MACD Line 5.43
MACD Signal Line 6.81
MACD Histogram -1.3829
Fundamentals Value
Market Cap 18.43 Billion
Num Shares 57.5 Million
EPS 23.85
Price-to-Earnings (P/E) Ratio 13.45
Price-to-Sales 1.14
Price-to-Book 2.23
PEG Ratio 1.20
Dividend 3.88
Dividend Yield 1.21%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 326.94
Resistance 3 (R3) 327.40 325.80 325.90
Resistance 2 (R2) 325.80 324.21 325.56 325.55
Resistance 1 (R1) 323.25 323.23 322.45 322.79 325.21
Pivot Point 321.65 321.65 321.25 321.41 321.65
Support 1 (S1) 319.10 320.06 318.30 318.64 316.21
Support 2 (S2) 317.50 319.08 317.26 315.87
Support 3 (S3) 314.95 317.50 315.52
Support 4 (S4) 314.49