RS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: RS shows strong fundamental support with a 126.6% increase over five years. Backwardation suggests near-term spot price rise potential.




Bearish Case: Recent -5.1% three-month drop raises concerns amid broader market uncertainties. Elevated backwardation indicates potential for volatility spikes.




Potential Outcomes: 47% upward trend due to historical support and high call volume. 35% short-term volatility, 18% decline if market conditions worsen.




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January 14, 2025


Reliance Steel & Aluminum Forecast

RS        Reliance Steel & Aluminum
















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