Is Reliance, Inc. technically bullish or bearish?

Oct 05 2025 11:48 AM IST
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As of October 3, 2025, Reliance, Inc. is in a bearish trend, indicated by a bearish MACD and moving averages, despite mixed signals from the RSI and underperformance relative to the S&P 500.
As of 3 October 2025, the technical trend for Reliance, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish, with key indicators driving this sentiment including a bearish MACD on the weekly timeframe, bearish moving averages on the daily timeframe, and a bearish KST on the weekly timeframe. The RSI shows bullish momentum on the weekly but lacks a clear signal on the monthly, indicating mixed signals. Additionally, the stock has underperformed compared to the S&P 500 over the past month and year, with returns of -1.98% and 1.52% respectively, compared to 4.15% and 17.82% for the benchmark.
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