Reliance Steel Technical Analysis Overview

RS -- USA Stock  

USD 90.73  0.82  0.91%

Reliance Steel Aluminum Co holds Coefficient Of Variation of 939.86 and Risk Adjusted Performance of 0.01. 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 90.73 per share. Given that Reliance Steel has Jensen Alpha of 0.0, 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

Indicator
Time Period
  Portfolio Suggestion    
  
Execute Indicator
 
null. 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 0.009118 % which suggests that Reliance Steel Aluminum Co will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Reliance Steel price change compared to its average price change.

Diversify with Reliance Steel Aluminum Co

Build Optimal Portfolios
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add Reliance Steel Aluminum Co to your portfolio

Reliance Steel July 17, 2018 Daily Price Condition

Additionally take a look at Your Equity Center. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.