Is Reliance Steel (RS) a Buy? Momentum Mixed

AI-powered insights updated on 8/29/2025.

AI Signal: HOLD
Reliance Steel (RS) faces mixed momentum; recent price corrections conflict with debt refinancing positives. Technicals signal potential downtrend continuation amid stable demand.

Price Trend

Below 50/200-day SMAs (bearish)

Debt Refinancing

$400M loan extends maturities

Tons Sold

Record tons sold in Q2 2025

Full Analysis Breakdown
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