Reliance (RS) Technical Analysis: Signals, Charts & Indicators

3.41 / 10

Netural

Technical score 3.41/10 (neutral). RSI shows overbought conditions but offers limited upside. MACD death cross, inverted hammer and long lower shadow signal bearishness, while long upper shadow is neutral. Overall technical outlook is weak and uncertain.

Analysis Checks(1/5)

Long Lower Shadow

Score3.3/10

Win Rate50.00%

Hist. Signals2

Avg Return-1.27%

Long Upper Shadow

Score4.43/10

Win Rate50.00%

Hist. Signals2

Avg Return1.00%

RSI Overbought

Score6.14/10

Win Rate60.00%

Hist. Signals20

Avg Return-0.05%

MACD Death Cross

Score2.18/10

Win Rate41.67%

Hist. Signals12

Avg Return-0.34%

Inverted Hammer

Score1/10

Win Rate0.00%

Hist. Signals1

Avg Return-1.01%

Technical Analysis of RS?

RS presents a Netural setup with a Technical Score of 3.41/10. Key technical indicators highlight an RSI of 42.55 and a MACD of -0.78, with the trend anchored by the 50-Day SMA at 321.32. Traders should monitor key support at 289.20 and resistance at 296.78.