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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Reliance, Inc. (NYSE:RS)
Countertrend Up (+85) - RS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RS?
MarketClub looks at technical strength and momentum to determine if the timing is right for RS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RS
The long-term trend has been UP since Nov 6th, 2024 at 307.2750
The intermediate-term trend has been UP since Sep 24th, 2024 at 287.0000
The short-term trend has been DOWN since Nov 13th, 2024 at 316.3317
Smart Scan Analysis for RS
Based on our trend formula, RS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 307.670 | 310.985 | 307.110 | 309.560 | -0.770 |
| Prev. Close | Volume | Bid | Ask | Time |
| 309.030 | 234444 | 2024-11-19 15:59:31 |
| Year High | 97.41 | Year High Date | 2018-05-31 |
| Year Low | 74.65 | Year Low Date | 2018-10-29 |
| 52wk High | 342.2 | 52wk High Date | 2024-04-08 |
| 52wk Low | 261.77 | 52wk Low Date | 2023-12-11 |
| Year End Close | 62.1 | Average Volume | 357,367 |
| Shares Outstanding | 54,120 | Short Interest | 994,560 |
| % Institutional | 79.7 | Market Cap | 6,888M |
| Assets | 103,008,000M | Liabilities | 295,030,000M |
| P/E Ratio | 17.023 | Beta | 1.83 |
| Volatility | 28.29 |