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The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30.
As of today (2026-07-16), BlueScope Steel's 14-Day RSI is 53.70.
The industry rank for BlueScope Steel's 14-Day RSI or its related term are showing as below:
ASX:BSL's 14-Day RSI is ranked worse than 66.16% of 653
companies
in the Steel industry
Industry Median: 47.56
vs ASX:BSL: 53.70
BlueScope Steel (ASX:BSL) 14-Day RSI Explanation
The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.
Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.
RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections.
BlueScope Steel 14-Day RSI Related Terms
ASX:BSL vs NUE, STLD, RS: 14-Day RSI Comparison
For the Steel subindustry, BlueScope Steel's 14-Day RSI, along with its competitors' market caps and 14-Day RSI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BlueScope Steel 14-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, BlueScope Steel's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where BlueScope Steel's 14-Day RSI falls into.
* Note that the formula uses a positive value for the average loss.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BlueScope Steel (ASX:BSL) has a 14-Day RSI of 53.70 as of Jul. 16, 2026. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on BlueScope Steel and its competitors. According to the industry distribution chart, BlueScope Steel ranks #432 out of 653 companies in the Steel industry, placing it in the top 66.2%.
Is BlueScope Steel's 14-Day RSI too high?
BlueScope Steel's current 14-Day RSI is 53.70. The Steel industry median 14-Day RSI is 47.56. BlueScope Steel's value of 53.70 is 12.9% above this industry median. Based on the distribution chart, BlueScope Steel ranks #432 out of 653 companies in the Steel industry, which is below the industry midpoint. Overall, BlueScope Steel has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlueScope Steel's 14-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, BlueScope Steel ranks #432 out of 653 companies for 14-Day RSI. This places BlueScope Steel in the lower half of its industry. The industry median 14-Day RSI is 47.56. BlueScope Steel's value of 53.70 is 12.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 14-Day RSI for a Steel company?
The median 14-Day RSI among Steel companies is 47.56, based on 653 companies in the industry. Companies in the top quartile (top 25%) have a 14-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 14-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlueScope Steel's current 14-Day RSI of 53.70 is 12.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 14-Day RSI mean?
A high 14-Day RSI can signal that a stock is expensive relative to its fundamentals. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on BlueScope Steel and its competitors. For the Steel industry, the median 14-Day RSI is 47.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueScope Steel's current 14-Day RSI is 53.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueScope Steel stock overvalued right now?
Based on GuruFocus' analysis, BlueScope Steel (ASX:BSL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$21.28, compared to a current price of A$32.50 — trading 52.7% above its estimated fair value. The current 14-Day RSI is 53.70 and 12.9% above the Steel industry median of 47.56. BlueScope Steel's overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 14-Day RSI calculated?
14-Day RSI is calculated from a company's financial statements. For BlueScope Steel (ASX:BSL), the current 14-Day RSI is 53.70 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BlueScope Steel (ASX:BSL) Overvalued in 2026?
Based on GuruFocus' analysis, BlueScope Steel stock appears to be overvalued.
The current stock price of A$32.50 is trading 52.7% above its estimated GF Value™ of A$21.28.
GuruFocus considers BlueScope Steel to be Significantly Overvalued.
Key valuation signals for ASX:BSL:
14-Day RSI: 53.70
GF Value™: A$21.28 vs. price of A$32.50 (52.7% above fair value)
Industry Position: 12.9% above the Steel median (#432 of 653)
No single metric tells the full story. See the ASX:BSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlueScope is an Australia-based steelmaker with five business units. The Australian steel products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's US minimill, specializing in the production of hot rolled coil for US construction and automotive sectors. Building products Asia operates across Southeast Asia, China, and India, and the US building and coated products North America is involved in metal coating and painting, and the supply to nonresidential construction projects using BlueScope's materials. New Zealand steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands.
75GF Score
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14-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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