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50 Day Moving Average Resistance appears for RS after 1.49% move

Reliance Steel & Aluminum Co. (RS) — Nightly Technical Analysis · Jul 6, 2026, 20:13 ET
RS closed up 1.49% on Monday, July 6th, with volume running 0.6× below average. Multiple bearish signals emerged — 50 DMA Resistance and Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 372.55, 367.53 & 364.41, with resistance at 380.69, 383.81 & 388.83. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of RS: C

There’s more where that came from. See all of today’s signals for RS here.

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Reliance, Inc. (RS)