Jan 06, 2011 (SmarTrend(R) Market Surveillance via COMTEX) -- Reliance Steel & Aluminum (NYSE:RS) is one of today's notable stocks on the rise, up 0.7% to $52.99. The S&P is currently trading 0.3% lower to 1,273 and the Dow Jones Industrial Average is trading 0.3% lower to 11,690.
Reliance Steel & Aluminum is in SmarTrend's Steel & Iron industry and this industry is currently in an Uptrend according to our research. We are monitoring many other stocks on the move within this industry.
In the last five trading sessions, the 50-day MA has climbed 1.37% while the 200-day MA has remained constant.
In the past 52 weeks, shares of Reliance Steel & Aluminum have traded between a low of $34.58 and a high of $55.47 and are now at $52.99, which is 53% above that low price.
SmarTrend currently has shares of Reliance Steel & Aluminum in an Uptrend and issued the Uptrend alert on September 03, 2010 at $40.45. The stock has risen 30.1% since the Uptrend alert was issued.