Reliance, Inc. (RS)

Reliance, Inc. is trading at $417.92, down 0.75% on the session. The 50 day average sits at $398.88 and the 200 day at $362.61, which puts the stock in a uptrend. RSI is at 61.6, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $394.03 with resistance near $415.62, so that band frames the current range. Average daily movement is roughly $10.21, or about 2.4% of the share price, which is what any stop placement has to allow for. The overall health score of 77 out of 100 combines a trend score of 81, momentum of 78 and a risk score of 68.

Reliance, Inc. operates as a diversified metal solutions provider and metals service center company primarily in the United States and Canada. The company distributes metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and other specialty steel products; and provides metals processing services to consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery, and heavy industries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was formerly known as Reliance Steel & Aluminum Co. and changed its name to Reliance, Inc. in February 2024. Reliance, Inc. was founded in 1939 and is based in Phoenix, Arizona.