Ryerson Holding Corporation (RYZ)

Ryerson Holding Corporation is trading at $31.15, up 0.48% on the session. The 50 day average sits at $25.70 and the 200 day at $26.37, which puts the stock in a downtrend. RSI is at 65.2, which reads as strong, and MACD is bullish crossover. Volume is above average.

The nearest support is around $25.95 with resistance near $29.45, so that band frames the current range. Average daily movement is roughly $0.96, or about 3.1% of the share price, which is what any stop placement has to allow for. The overall health score of 69 out of 100 combines a trend score of 59, momentum of 88 and a risk score of 57.

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States and internationally. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing. The company also provides processing services. It serves commercial transportation, fabrication and welding, machinery and equipment, consumer products, heavy equipment, climate, power, and machine shop industries. Ryerson Holding Corporation was founded in 1842 and is headquartered in Chicago, Illinois.