Reliance Steel Stock Forward View - Simple Moving Average
| RS Stock | USD 329.50 2.79 0.84% |
Reliance Stock outlook is based on your current time horizon.
The relative strength momentum indicator of Reliance Steel's stock price is slightly above 67 indicating that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Reliance, making its price go up or down. Momentum 67
Buy Stretched
Oversold | Overbought |
Quarterly Earnings Growth (0.01) | EPS Estimate Next Quarter 3.36 | EPS Estimate Current Year 14.6647 | EPS Estimate Next Year 17.6304 | Wall Street Target Price 324.625 |
Using Reliance Steel hype-based prediction, you can estimate the value of Reliance Steel Aluminum from the perspective of Reliance Steel response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Reliance Steel using Reliance Steel's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Reliance using crowd psychology based on the activity and movement of Reliance Steel's stock price.
Reliance Steel Short Interest
An investor who is long Reliance Steel may also wish to track short interest. As short interest increases, investors should be becoming more worried about Reliance Steel and may potentially protect profits, hedge Reliance Steel with its derivative instruments, or be ready for some potential downside.
200 Day MA 295.0875 | Short Percent 0.0249 | Short Ratio 3.23 | Shares Short Prior Month 1.2 M | 50 Day MA 297.0876 |
Reliance Relative Strength Index
The Simple Moving Average forecasted value of Reliance Steel Aluminum on the next trading day is expected to be 329.50 with a mean absolute deviation of 3.31 and the sum of the absolute errors of 198.88.Reliance Steel Aluminum Hype to Price Pattern
Investor biases related to Reliance Steel's public news can be used to forecast risks associated with an investment in Reliance. The trend in average sentiment can be used to explain how an investor holding Reliance can time the market purely based on public headlines and social activities around Reliance Steel Aluminum. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Reliance Steel's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Reliance Steel.
Reliance Steel Implied Volatility | 0.46 |
Reliance Steel's implied volatility exposes the market's sentiment of Reliance Steel Aluminum stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Reliance Steel's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Reliance Steel stock will not fluctuate a lot when Reliance Steel's options are near their expiration.
The Simple Moving Average forecasted value of Reliance Steel Aluminum on the next trading day is expected to be 329.50 with a mean absolute deviation of 3.31 and the sum of the absolute errors of 198.88. Reliance Steel after-hype prediction price | USD 331.17 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Reliance Steel to cross-verify your projections. Prediction based on Rule 16 of the current Reliance contract
Based on the Rule 16, the options market is currently suggesting that Reliance Steel Aluminum will have an average daily up or down price movement of about 0.0288% per day over the life of the 2026-03-20 option contract. With Reliance Steel trading at USD 329.5, that is roughly USD 0.0947 . If you think that the market is fully incorporating Reliance Steel's daily price movement you should consider acquiring Reliance Steel Aluminum options at the current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 Reliance Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Reliance Steel's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Reliance Steel's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Reliance Steel stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Reliance Steel's open interest, investors have to compare it to Reliance Steel's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Reliance Steel is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Reliance. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Reliance Steel Additional Predictive Modules
Most predictive techniques to examine Reliance price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Reliance using various technical indicators. When you analyze Reliance charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Reliance Steel Simple Moving Average Price Forecast For the 1st of February
Given 90 days horizon, the Simple Moving Average forecasted value of Reliance Steel Aluminum on the next trading day is expected to be 329.50 with a mean absolute deviation of 3.31, mean absolute percentage error of 16.66, and the sum of the absolute errors of 198.88.Please note that although there have been many attempts to predict Reliance Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Reliance Steel's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Reliance Steel Stock Forecast Pattern
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Reliance Steel Forecasted Value
In the context of forecasting Reliance Steel's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Reliance Steel's downside and upside margins for the forecasting period are 328.18 and 330.82, respectively. We have considered Reliance Steel's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Reliance Steel stock data series using in forecasting. Note that when a statistical model is used to represent Reliance Steel stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 119.0854 |
| Bias | Arithmetic mean of the errors | -1.3277 |
| MAD | Mean absolute deviation | 3.3147 |
| MAPE | Mean absolute percentage error | 0.0113 |
| SAE | Sum of the absolute errors | 198.88 |
Predictive Modules for Reliance Steel
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Reliance Steel Aluminum. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Reliance Steel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Reliance Steel After-Hype Price Density Analysis
As far as predicting the price of Reliance Steel at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Reliance Steel or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Reliance Steel, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Reliance Steel Estimiated After-Hype Price Volatility
In the context of predicting Reliance Steel's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Reliance Steel's historical news coverage. Reliance Steel's after-hype downside and upside margins for the prediction period are 296.55 and 332.49, respectively. We have considered Reliance Steel's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Reliance Steel is very steady at this time. Analysis and calculation of next after-hype price of Reliance Steel Aluminum is based on 3 months time horizon.
Reliance Steel Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Reliance Steel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Reliance Steel backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Reliance Steel, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.28 | 1.32 | 1.67 | 0.09 | 10 Events / Month | 8 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
329.50 | 331.17 | 0.51 |
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Reliance Steel Hype Timeline
As of January 31, 2026 Reliance Steel Aluminum is listed for 329.50. The entity has historical hype elasticity of 1.67, and average elasticity to hype of competition of 0.09. Reliance is projected to increase in value after the next headline, with the price projected to jump to 331.17 or above. The average volatility of media hype impact on the company the price is about 22.11%. The price appreciation on the next news is projected to be 0.51%, whereas the daily expected return is at this time at 0.28%. The volatility of related hype on Reliance Steel is about 427.18%, with the expected price after the next announcement by competition of 329.59. The company generated the yearly revenue of 13.84 B. Reported Net Income was 878 M with gross profit of 4.05 B. Allowing for the 90-day total investment horizon the next projected press release will be in about 10 days. Check out Historical Fundamental Analysis of Reliance Steel to cross-verify your projections.Reliance Steel Related Hype Analysis
Having access to credible news sources related to Reliance Steel's direct competition is more important than ever and may enhance your ability to predict Reliance Steel's future price movements. Getting to know how Reliance Steel's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Reliance Steel may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| RPM | RPM International | 0.83 | 9 per month | 0.00 | (0.07) | 2.54 | (2.53) | 6.87 | |
| CX | Cemex SAB de | 0.12 | 10 per month | 1.07 | 0.22 | 3.44 | (1.76) | 13.23 | |
| PKX | POSCO Holdings | 0.48 | 12 per month | 2.04 | 0.05 | 5.01 | (3.42) | 18.39 | |
| SQM | Sociedad Quimica y | 0.03 | 8 per month | 1.80 | 0.31 | 6.23 | (3.79) | 13.35 | |
| STLD | Steel Dynamics | (1.07) | 9 per month | 1.46 | 0.1 | 3.50 | (2.78) | 9.08 | |
| CF | CF Industries Holdings | 0.60 | 9 per month | 1.84 | 0.05 | 3.53 | (2.93) | 7.82 | |
| LYB | LyondellBasell Industries NV | 0.53 | 8 per month | 2.22 | 0.03 | 5.73 | (3.84) | 11.53 | |
| AGI | Alamos Gold | 1.03 | 10 per month | 2.40 | 0.15 | 5.03 | (4.64) | 12.47 | |
| DD | Dupont De Nemours | 0.13 | 12 per month | 0.79 | 0.21 | 3.40 | (2.06) | 11.55 | |
| PAAS | Pan American Silver | 0.41 | 8 per month | 2.01 | 0.25 | 7.44 | (4.28) | 16.85 |
Other Forecasting Options for Reliance Steel
For every potential investor in Reliance, whether a beginner or expert, Reliance Steel's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Reliance Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Reliance. Basic forecasting techniques help filter out the noise by identifying Reliance Steel's price trends.Reliance Steel Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Reliance Steel stock to make a market-neutral strategy. Peer analysis of Reliance Steel could also be used in its relative valuation, which is a method of valuing Reliance Steel by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Reliance Steel Market Strength Events
Market strength indicators help investors to evaluate how Reliance Steel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Reliance Steel shares will generate the highest return on investment. By undertsting and applying Reliance Steel stock market strength indicators, traders can identify Reliance Steel Aluminum entry and exit signals to maximize returns.
Reliance Steel Risk Indicators
The analysis of Reliance Steel's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Reliance Steel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting reliance stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9624 | |||
| Semi Deviation | 0.6781 | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.62 | |||
| Downside Variance | 1.05 | |||
| Semi Variance | 0.4598 | |||
| Expected Short fall | (1.07) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Reliance Steel
The number of cover stories for Reliance Steel depends on current market conditions and Reliance Steel's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Reliance Steel is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Reliance Steel's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Reliance Steel Short Properties
Reliance Steel's future price predictability will typically decrease when Reliance Steel's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Reliance Steel Aluminum often depends not only on the future outlook of the potential Reliance Steel's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Reliance Steel's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 56.2 M | |
| Cash And Short Term Investments | 318.1 M |
Additional Tools for Reliance Stock Analysis
When running Reliance Steel's price analysis, check to measure Reliance Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.