
Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Reliance Steel & Aluminum Co. (DE) (NYSE:RS)
Long-Term Downtrend (-90) - RS is in a strong downtrend that is likely to continue. While RS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Oct 2nd, 2023 at 259.45
The intermediate-term trend has been DOWN since Dec 6th, 2023 at 265.70
The short-term trend has been DOWN since Dec 5th, 2023 at 270.02
Smart Scan Analysis for RS
Based on our trend formula, RS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
266.89 | 269.00 | 266.62 | 268.83 | +1.20 |
Prev. Close | Volume | Bid | Ask | Time |
267.63 | 13993 | 2023-12-08 10:21:02 |
Year High | 97.41 | Year High Date | 2018-05-31 |
Year Low | 74.65 | Year Low Date | 2018-10-29 |
52wk High | 295.98 | 52wk High Date | 2023-08-01 |
52wk Low | 196.11 | 52wk Low Date | 2022-12-15 |
Year End Close | 62.1 | Average Volume | 263,869 |
Shares Outstanding | 57,471 | Short Interest | 994,560 |
% Institutional | 79.7 | Market Cap | 6,888M |
Assets | 104,929,000M | Liabilities | 276,860,000M |
P/E Ratio | 11.2214 | Beta | 1.83 |
Volatility | 28.29 |