Technical Analysis for RS - Reliance Steel & Aluminum Co.

Grade Last Price % Change Price Change
D 279.98 -1.97% -5.62
RS closed down 1.97 percent on Monday, July 1, 2024, on 1.19 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Bearish Engulfing Bearish 0.00%
Fell Below 20 DMA Bearish 0.00%
200 DMA Resistance Bearish -1.97%
Crossed Above 20 DMA Bullish -1.97%
Pocket Pivot Bullish Swing Setup -1.97%
Gapped Up Strength -1.97%
20 DMA Resistance Bearish -0.24%
180 Bearish Setup Bearish Swing Setup -0.24%
Outside Day Range Expansion -0.97%

   Recent Intraday Alerts

Alert Time
Down 2 % about 6 hours ago
Down 1 ATR about 6 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
10 DMA Support about 9 hours ago
Fell Below Previous Day's Low about 9 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 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 340.9547
52 Week Low 234.6071
Average Volume 394,873
200-Day Moving Average 286.86
50-Day Moving Average 291.98
20-Day Moving Average 283.78
10-Day Moving Average 282.16
Average True Range 6.02
RSI (14) 41.18
ADX 25.15
+DI 17.21
-DI 24.18
Chandelier Exit (Long, 3 ATRs) 284.03
Chandelier Exit (Short, 3 ATRs) 292.53
Upper Bollinger Bands 292.88
Lower Bollinger Band 274.68
Percent B (%b) 0.29
BandWidth 6.41
MACD Line -3.82
MACD Signal Line -4.40
MACD Histogram 0.5831
Fundamentals Value
Market Cap 16.09 Billion
Num Shares 57.5 Million
EPS 23.85
Price-to-Earnings (P/E) Ratio 11.74
Price-to-Sales 1.14
Price-to-Book 2.23
PEG Ratio 1.20
Dividend 3.88
Dividend Yield 1.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 293.84
Resistance 3 (R3) 294.98 291.50 291.53
Resistance 2 (R2) 291.50 287.97 290.93 290.76
Resistance 1 (R1) 285.74 285.79 284.00 284.60 289.99
Pivot Point 282.26 282.26 281.39 281.69 282.26
Support 1 (S1) 276.50 278.73 274.76 275.36 269.97
Support 2 (S2) 273.02 276.55 272.45 269.20
Support 3 (S3) 267.26 273.02 268.43
Support 4 (S4) 266.12