Technical Analysis for RS - Reliance Steel & Aluminum Co.

Grade Last Price % Change Price Change
grade D 74.92 -1.17% -0.89
RS closed down 1.17 percent on Tuesday, January 15, 2019, on 49 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Up
See historical RS trend table...

Date Alert Name Type % Chg
Jan 15 Stochastic Sell Signal Bearish 0.00%
Jan 15 Outside Day Range Expansion 0.00%
Jan 15 Overbought Stochastic Strength 0.00%
Jan 14 Overbought Stochastic Strength -1.17%
Jan 11 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.98%
Jan 11 NR7 Range Contraction -1.98%
Jan 11 NR7-2 Range Contraction -1.98%
Jan 11 Overbought Stochastic Strength -1.98%
Jan 11 Up 3 Days in a Row Strength -1.98%
Jan 11 Up 4 Days in a Row Strength -1.98%

Older signals for RS ...

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Profile
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.
Is RS a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 97.41
52 Week Low 68.62
Average Volume 540,294
200-Day Moving Average 85.5492
50-Day Moving Average 76.7758
20-Day Moving Average 72.852
10-Day Moving Average 74.01
Average True Range 2.1932
ADX 19.73
+DI 19.5704
-DI 16.7696
Chandelier Exit (Long, 3 ATRs ) 70.2804
Chandelier Exit (Short, 3 ATRs ) 75.1996
Upper Bollinger Band 77.0567
Lower Bollinger Band 68.6473
Percent B (%b) 0.75
BandWidth 11.543129
MACD Line -0.1902
MACD Signal Line -0.9341
MACD Histogram 0.7439
Fundamentals Value
Market Cap 5.46 Billion
Num Shares 72.8 Million
EPS 4.43
Price-to-Earnings (P/E) Ratio 16.91
Price-to-Sales 0.63
Price-to-Book 1.32
PEG Ratio 1.25
Dividend 1.80
Dividend Yield 2.40%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 78.28
Resistance 3 (R3) 78.47 77.55 77.72
Resistance 2 (R2) 77.55 76.69 77.45 77.53
Resistance 1 (R1) 76.23 76.16 75.77 76.04 77.35
Pivot Point 75.31 75.31 75.08 75.21 75.31
Support 1 (S1) 73.99 74.45 73.53 73.80 72.49
Support 2 (S2) 73.07 73.92 72.97 72.31
Support 3 (S3) 71.75 73.07 72.12
Support 4 (S4) 71.56