Reliance Steel Technical Analysis

Reliance Steel Aluminum Co -- USA Stock  

USD 85.16  4.45  4.97%

Reliance Steel Aluminum Co holds Coefficient Of Variation of 1,174 and Risk Adjusted Performance of 0.084663. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Reliance Steel as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Reliance Steel Aluminum which can be compared to its competitors. Please check Reliance Steel Aluminum Standard Deviation, Value At Risk as well as the relationship between Value At Risk and Kurtosis to decide if Reliance Steel Aluminum is priced some-what accurately providing market reflects its current price of 85.16 per share. Given that Reliance Steel has Jensen Alpha of 0.21, we recommend you check out Reliance Steel Aluminum recent market performance to make sure the company can sustain itself at future point.
 Time Horizon     30 Days    Login   to change

Reliance Steel Aluminum Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Reliance Steel Aluminum volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Reliance Steel Aluminum Trend Analysis

Use this graph to draw trend lines for Reliance Steel Aluminum Co. You can use it to identify possible trend reversals for Reliance Steel as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Reliance Steel price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Reliance Steel Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Reliance Steel Aluminum Co applied against its price change over selected period. The best fit line has a slop of 0.35 % which may indicate that the price for Reliance Steel Aluminum Co will continue to decline. It has 34 observation points and a regression sum of squares at 101.31, which is the sum of squared deviations for the predicted Reliance Steel price change compared to its average price change.

Did you try this?

Run Portfolio Anywhere Now

Portfolio Anywhere

Track or share privately all of your investments from the convenience of any device
Hide  View All  NextLaunch Portfolio Anywhere
Reliance Steel Aluminum Co is rated fourth in mean deviation category among related companies. It is rated third in standard deviation category among related companies creating about  1.25  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Reliance Steel Aluminum Co is roughly  1.25 

Reliance Steel Market Strength

Reliance Steel March 22, 2018 Daily Price Condition