MENU
+Compare
RS
Stock ticker: NYSE
AS OF
Feb 21 closing price
Price
$301.06
Change
-$1.60 (-0.53%)
Capitalization
16.17B

RS stock forecast, quote, news & analysis

Industry: @Steel
RS
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
A.I.Advisor
published price charts
Ad is loading...
A.I.Advisor
a Summary for RS with price predictions
Feb 20, 2025

Momentum Indicator for RS turns positive, indicating new upward trend

RS saw its Momentum Indicator move above the 0 level on February 14, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 95 similar instances where the indicator turned positive. In of the 95 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for RS just turned positive on February 10, 2025. Looking at past instances where RS's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

RS moved above its 50-day moving average on February 10, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for RS crossed bullishly above the 50-day moving average on February 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RS advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 329 cases where RS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for RS moved out of overbought territory on January 31, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

The 50-day moving average for RS moved below the 200-day moving average on February 06, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

RS broke above its upper Bollinger Band on February 20, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.240) is normal, around the industry mean (1.250). P/E Ratio (19.348) is within average values for comparable stocks, (84.434). RS's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.007). Dividend Yield (0.015) settles around the average of (0.051) among similar stocks. P/S Ratio (1.224) is also within normal values, averaging (1.287).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Dividends

RS paid dividends on December 06, 2024

Reliance RS Stock Dividends
А dividend of $1.10 per share was paid with a record date of December 06, 2024, and an ex-dividend date of November 22, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nucor Corp (NYSE:NUE), ArcelorMittal (NYSE:MT), United States Steel Corp (NYSE:X), Cleveland-Cliffs (NYSE:CLF).

Industry description

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

Market Cap

The average market capitalization across the Steel Industry is 5.21B. The market cap for tickers in the group ranges from 39.16K to 31.75B. NUE holds the highest valuation in this group at 31.75B. The lowest valued company is ADTC at 39.16K.

High and low price notable news

The average weekly price growth across all stocks in the Steel Industry was -0%. For the same Industry, the average monthly price growth was 5%, and the average quarterly price growth was -1%. MSB experienced the highest price growth at 29%, while ARCXF experienced the biggest fall at -34%.

Volume

The average weekly volume growth across all stocks in the Steel Industry was -18%. For the same stocks of the Industry, the average monthly volume growth was 9% and the average quarterly volume growth was 47%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 22
P/E Growth Rating: 41
Price Growth Rating: 59
SMR Rating: 77
Profit Risk Rating: 71
Seasonality Score: -26 (-100 ... +100)
View a ticker or compare two or three
RS
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I. Advisor
published General Information

General Information

a provider of metal processing and distribution services

Industry Steel

Profile
Fundamentals
Details
Industry
Steel
Address
16100 N. 71st Street
Phone
+1 480 564-5700
Employees
15500
Web
https://www.reliance.com