AuMega MetalsASX:AAM +2.86% 9-Day RSI is 56.24 as of Jul. 01, 2026. The stock has 1 warning sign investors should review. Among 2,683 Metals & Mining companies, AuMega Metals ranks worse than 81.18% on this metric.
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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
As of today (2026-07-01), AuMega Metals's 9-Day RSI is 56.24.
The industry rank for AuMega Metals's 9-Day RSI or its related term are showing as below:
ASX:AAM's 9-Day RSI is ranked worse than 81.18% of 2683
companies
in the Metals & Mining industry
Industry Median: 40.66
vs ASX:AAM: 56.24
AuMega Metals (ASX:AAM) 9-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
AuMega Metals 9-Day RSI Related Terms
ASX:AAM vs NEM, AU: 9-Day RSI Comparison
For the Gold subindustry, AuMega Metals's 9-Day RSI, along with its competitors' market caps and 9-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.
AuMega Metals 9-Day RSI vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, AuMega Metals's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where AuMega Metals's 9-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.
AuMega Metals (ASX:AAM) has a 9-Day RSI of 56.24 as of Jul. 01, 2026. According to the industry distribution chart, AuMega Metals ranks #2178 out of 2683 companies in the Metals & Mining industry, placing it in the top 81.2%.
Is AuMega Metals' 9-Day RSI too high?
AuMega Metals' current 9-Day RSI is 56.24. The Metals & Mining industry median 9-Day RSI is 40.66. AuMega Metals' value of 56.24 is 38.3% above this industry median. Based on the distribution chart, AuMega Metals ranks #2178 out of 2683 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does AuMega Metals' 9-Day RSI compare to NEM and AU?
According to the Metals & Mining industry distribution chart, AuMega Metals ranks #2178 out of 2683 companies for 9-Day RSI. This places AuMega Metals in the lower half of its industry. The industry median 9-Day RSI is 40.66. AuMega Metals' value of 56.24 is 38.3% 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 9-Day RSI for a Metals & Mining company?
The median 9-Day RSI among Metals & Mining companies is 40.66, based on 2,683 companies in the industry. Companies in the top quartile (top 25%) have a 9-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 9-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AuMega Metals's current 9-Day RSI of 56.24 is 38.3% 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 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median 9-Day RSI is 40.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AuMega Metals's current 9-Day RSI is 56.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AuMega Metals stock overvalued right now?
AuMega Metals (ASX:AAM) has a current 9-Day RSI of 56.24. The current 9-Day RSI is 56.24 and 38.3% above the Metals & Mining industry median of 40.66. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 9-Day RSI calculated?
9-Day RSI is calculated from a company's financial statements. For AuMega Metals (ASX:AAM), the current 9-Day RSI is 56.24 as of Jul. 01, 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.
AuMega Metals Ltdis a mineral exploration company focused on the discovery of precious and critical metals in Newfoundland and Labrador, Canada. The company explores for gold deposits. Its principal assets include the Cape Ray gold project and the Hermitage project located in Newfoundland, Canada. The company also has an Option Agreement over the Blue Cove Copper Project in southeastern Newfoundland, which is notably prospective for copper and other base metals.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:AAM has been successfully added to your