RS (NYSE)

RS NYSE

Reliance

STAY LONG

282.43

Prev.Close

279.89

Change

+2.5400

Change%

+0.91%

BEARISH DELIBERATION BL...

Bought at

276.58

Open

278.41

High

284.57

Low

277.11

282.43

Gain%

+2.12%

Signal History

Date	Price	Signal	Change%		$100⇨
10/20	276.58	BUY	+2.1%	✔	99
10/16	271.09	SHORT	+2.0%	❌	101
10/14	276.04	BUY	-1.8%	❌	104
10/06	282.93	SHORT	-2.4%	✔	101
10/01	282.68	BUY	+0.1%	✔	102
09/16	290.37	SELL	-2.7%	✔	102
08/22	288.68	BUY	+0.6%	✔	102
08/15	289.06	SHORT	-0.1%	✔	102
08/05	287.78	BUY	+0.4%	✔	102
07/28	304.24	SHORT	-5.4%	✔	97
07/17	327.30	BUY	-7.0%	❌	105
07/15	327.11	SELL	+0.1%	❌	105
06/26	313.58	BUY	+4.3%	✔	101
06/16	305.82	SELL	+2.5%	❌	101
06/03	301.50	BUY	+1.4%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 10/20/2025, 11 days ago, when the stock price was 276.58. Since then, RS has risen by +2.12%.

Market Outlook

The market is currently exhibiting uncertainty with a negative bias. There seems to be a lack of consensus among traders. The negative sentiment, however, is increasing, as evident from the latest bearish pattern. Therefore, it's wise to stay vigilant. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is quite high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements due to the potential downside risks involved.

Pattern Description

This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend. more...

Date	Price	Signal	Change%		$100⇨
10/20	276.58	BUY	+2.1%	✔	114
10/16	271.09	SHORT	+2.0%	❌	117
10/14	276.04	BUY	-1.8%	❌	119
10/06	282.93	SHORT	-2.4%	✔	117
10/01	282.68	BUY	+0.1%	✔	117
09/16	290.37	SELL	-2.7%	✔	118
08/22	288.68	BUY	+0.6%	✔	117
08/15	289.06	SHORT	-0.1%	✔	118
08/05	287.78	BUY	+0.4%	✔	118
07/28	304.24	SHORT	-5.4%	✔	112
07/17	327.30	BUY	-7.0%	❌	121
07/15	327.11	SELL	+0.1%	❌	121
06/26	313.58	BUY	+4.3%	✔	116
06/16	305.82	SELL	+2.5%	❌	117
06/03	301.50	BUY	+1.4%	✔	115
05/21	301.07	SELL	+0.1%	❌	115
04/22	278.75	BUY	+8.0%	✔	107
04/03	278.35	SELL	+0.1%	❌	107
03/24	284.22	BUY	-2.1%	❌	110
03/11	281.61	SHORT	+0.9%	❌	111
03/07	284.51	BUY	-1.0%	❌	113
03/04	283.99	SHORT	+0.2%	❌	114
02/28	297.16	BUY	-4.4%	❌	119
02/19	293.62	SELL	+1.2%	❌	119
02/12	287.20	BUY	+2.2%	✔	117
01/31	289.60	SELL	-0.8%	✔	117
01/13	270.59	BUY	+7.0%	✔	110
12/30	266.68	SHORT	+1.5%	❌	112
12/23	270.08	BUY	-1.3%	❌	114
11/29	321.24	SELL	-15.9%	✔	114
11/20	312.48	BUY	+2.8%	✔	111
11/12	319.81	SELL	-2.3%	✔	111
11/04	289.04	BUY	+10.6%	✔ 👍	101
10/30	290.12	SELL	-0.4%	✔	101
10/28	294.99	BUY	-1.7%	❌	103
10/22	294.94	SELL	0.0%	❌	103
10/07	283.43	BUY	+4.1%	✔	99
10/02	286.24	SELL	-1.0%	✔	100
09/17	280.61	BUY	+2.0%	✔	98
09/05	272.52	SHORT	+3.0%	❌	101