Crash In Hindsight: Reliance Steel & Aluminum Currently 17.00% Below its May 6th Crash Low of $43.33 (RS)

Reliance Steel & Aluminum （NYSE:RS） is currently trading 17.00% below its May 6th low of $43.33. Investors are looking to see if the shares can regain the May 'flash crash' level which may act as short-term resistance.

In the past 52-weeks, shares of Reliance Steel & Aluminum have traded between a low of $32.85 and a high of $55.47 and are now at $35.95, which is 9.40% above that low price.

SmarTrend is bearish on shares of Reliance Steel & Aluminum and our subscribers were alerted to Sell on May 05, 2010 at $47.97. The stock has fallen 25.1% since the alert was issued.

(source:SmarTrend)