Technical Analysis for RUS - Russel Metals Inc.

Grade Last Price % Change Price Change
D 39.270 -1.16% -0.460
RUS closed down 1.16 percent on Thursday, April 25, 2024, on 81 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: May 2
*** please verify all earnings dates ***
1 Watcher
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Doji - Bullish? Reversal 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
200 DMA Resistance Bearish -1.16%
Shooting Star Candlestick Bearish -1.16%
180 Bearish Setup Bearish Swing Setup -1.16%
Multiple of Ten Bearish Other -1.16%
Oversold Stochastic Weakness -1.16%

   Recent Intraday Alerts

Alert Time
Down 1 ATR about 14 hours ago
Bearish 180 Entry about 14 hours ago
Shooting Star Candlestick Entry about 14 hours ago
Fell Below Previous Day's Low about 14 hours ago
Down 2% about 14 hours ago

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Profile

Russel Metals Inc. Description

Russel Metals Inc. is a metals distribution and processing company. The Company primarily distributes steel products. The Company operates through three segments: metals service centers, energy products and steel distributors. The Company provides processing and distribution services to a base of approximately 43,000 end users through a network of 50 locations in Canada and 14 locations in the United States. The Company's network of metals service centers carries a line of metal products in a range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. The Company's energy products operations distribute oil country tubular goods (OCTG), line pipe, tubes, flanges, valves and fittings to the energy industry. The Company's steel distributors segment is engaged in selling steel to other steel service centers and equipment manufacturers.


Classification

Sector: Industrials
Industry: Industrial Distribution
Keywords: Metal Energy Oil Metals Carbon Construction Pipe Steel Equipment Manufacturer Equipment Manufacturers Architecture Energy Industry Energy Products Building Engineering Piping Valve Plumbing Steel Products Tube Stainless Steel Steel Service Centers Tubular Products

Is RUS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 46.9816
52 Week Low 32.6103
Average Volume 175,523
200-Day Moving Average 40.105
50-Day Moving Average 43.380
20-Day Moving Average 41.582
10-Day Moving Average 39.906
Average True Range 0.922
RSI (14) 29.08
ADX 29.8
+DI 14.060
-DI 33.157
Chandelier Exit (Long, 3 ATRs) 42.755
Chandelier Exit (Short, 3 ATRs) 41.355
Upper Bollinger Bands 45.468
Lower Bollinger Band 37.696
Percent B (%b) 0.2
BandWidth 18.693
MACD Line -1.233
MACD Signal Line -1.072
MACD Histogram -0.1609
Fundamentals Value
Market Cap 2.44 Billion
Num Shares 62.2 Million
EPS 0.43
Price-to-Earnings (P/E) Ratio 91.54
Price-to-Sales 0.46
Price-to-Book 1.44
PEG Ratio -0.83
Dividend 1.52
Dividend Yield 3.87%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.545
Resistance 3 (R3) 40.460 39.950 40.333
Resistance 2 (R2) 39.950 39.625 39.993 40.262
Resistance 1 (R1) 39.610 39.425 39.355 39.695 40.191
Pivot Point 39.100 39.100 38.973 39.143 39.100
Support 1 (S1) 38.760 38.775 38.505 38.845 38.349
Support 2 (S2) 38.250 38.575 38.293 38.278
Support 3 (S3) 37.910 38.250 38.208
Support 4 (S4) 37.995