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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.
The industry rank for Bata Shoe Co (Bangladesh)'s 14-Day RSI or its related term are showing as below:
DHA:BATASHOE's 14-Day RSI is ranked worse than 54.52% of 1161
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 47.69
vs DHA:BATASHOE: 61.60
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) 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.
Bata Shoe Co (Bangladesh) 14-Day RSI Related Terms
DHA:BATASHOE vs NKE, DECK, ONON: 14-Day RSI Comparison
For the Footwear & Accessories subindustry, Bata Shoe Co (Bangladesh)'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.
Bata Shoe Co (Bangladesh) 14-Day RSI vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata Shoe Co (Bangladesh)'s 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Bata Shoe Co (Bangladesh)'s 14-Day RSI falls into.
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) 14-Day RSI Calculation
The formula for calculating RSI is:
RSI
=
100
–
[ 100
/
( 1 + Average Gain
/
Average Loss )]
* 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.
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) has a 14-Day RSI of 61.60 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 Bata Shoe Co (Bangladesh) and its competitors. According to the industry distribution chart, Bata Shoe Co (Bangladesh) ranks #633 out of 1161 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.5%.
Is Bata Shoe Co (Bangladesh)'s 14-Day RSI too high?
Bata Shoe Co (Bangladesh)'s current 14-Day RSI is 61.60. The Manufacturing - Apparel & Accessories industry median 14-Day RSI is 47.69. Bata Shoe Co (Bangladesh)'s value of 61.60 is 29.2% above this industry median. Based on the distribution chart, Bata Shoe Co (Bangladesh) ranks #633 out of 1161 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bata Shoe Co (Bangladesh) has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bata Shoe Co (Bangladesh)'s 14-Day RSI compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bata Shoe Co (Bangladesh) ranks #633 out of 1161 companies for 14-Day RSI. This places Bata Shoe Co (Bangladesh) in the lower half of its industry. The industry median 14-Day RSI is 47.69. Bata Shoe Co (Bangladesh)'s value of 61.60 is 29.2% 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 Manufacturing - Apparel & Accessories company?
The median 14-Day RSI among Manufacturing - Apparel & Accessories companies is 47.69, based on 1,161 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. Bata Shoe Co (Bangladesh)'s current 14-Day RSI of 61.60 is 29.2% 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 Bata Shoe Co (Bangladesh) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median 14-Day RSI is 47.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bata Shoe Co (Bangladesh)'s current 14-Day RSI is 61.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata Shoe Co (Bangladesh) stock overvalued right now?
Based on GuruFocus' analysis, Bata Shoe Co (Bangladesh) (DHA:BATASHOE) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT1,013.01, compared to a current price of BDT888.00 — trading 12.3% below its estimated fair value. The current 14-Day RSI is 61.60 and 29.2% above the Manufacturing - Apparel & Accessories industry median of 47.69. Bata Shoe Co (Bangladesh)'s overall GF Score™ is 88/100 with 4 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 Bata Shoe Co (Bangladesh) (DHA:BATASHOE), the current 14-Day RSI is 61.60 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 Bata Shoe Co (Bangladesh) (DHA:BATASHOE) Overvalued in 2026?
Based on GuruFocus' analysis, Bata Shoe Co (Bangladesh) stock appears to be undervalued.
The current stock price of BDT888.00 is trading 12.3% below its estimated GF Value™ of BDT1,013.01.
GuruFocus considers Bata Shoe Co (Bangladesh) to be Modestly Undervalued.
Key valuation signals for DHA:BATASHOE:
14-Day RSI: 61.60
GF Value™: BDT1,013.01 vs. price of BDT888.00 (12.3% below fair value)
Industry Position: 29.2% above the Manufacturing - Apparel & Accessories median (#633 of 1161)
No single metric tells the full story. See the DHA:BATASHOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bata Shoe Co (Bangladesh) Ltd is engaged in the manufacturing and marketing of leather, rubber, plastic, canvas footwear, hosiery, and accessories items. It offers a range of designer collections for men, women, and children. The company's manufacturing plants are located in Tongi and Dhamrai. Its operating segments are Domestic and Other, of which a majority of revenue is derived from the Domestic segment. Its products include Sports shoes, Casual and closed shoes, Formal shoes, Wallets, Backpacks, Sunglasses, and others.
88GF 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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