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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Reliance, Inc. (NYSE:RS)

Long-Term Uptrend (+90) - RS is in a strong uptrend that is likely to continue. While RS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

NYSE_RS
Open High Low RS Price Change
336.610 337.015 333.215 333.950 -2.950
Entry Signal

MarketClub’s Trade Triangles for RS

long term up The long-term trend has been UP since Jan 8th, 2024 at 284.33

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 327.81

short term up The short-term trend has been UP since Mar 14th, 2024 at 324.22

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).

+90
Smart Scan Analysis for RS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
336.610 337.015 333.215 333.950 -2.950
Prev. Close Volume Bid Ask Time
334.180 141744 2024-03-28 15:59:58
Year High97.41Year High Date2018-05-31
Year Low74.65Year Low Date2018-10-29
52wk High337.10552wk High Date2024-03-27
52wk Low229.1252wk Low Date2023-05-31
Year End Close62.1Average Volume270,185
Shares Outstanding57,425Short Interest994,560
% Institutional79.7Market Cap6,888M
Assets104,803,000MLiabilities275,800,000M
P/E Ratio62.2309Beta1.83
Volatility28.29
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