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 (2026-07-07), Evolution Mining's 9-Day RSI is 45.70.
The industry rank for Evolution Mining's 9-Day RSI or its related term are showing as below:
ASX:EVN's 9-Day RSI is ranked worse than 73.47% of 2680
companies
in the Metals & Mining industry
Industry Median: 46.73
vs ASX:EVN: 45.70
Evolution Mining (ASX:EVN) 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.
Evolution Mining 9-Day RSI Related Terms
ASX:EVN vs NEM, AU: 9-Day RSI Comparison
For the Gold subindustry, Evolution Mining'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.
Evolution Mining 9-Day RSI vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Evolution Mining's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Evolution Mining'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.
Evolution Mining (ASX:EVN) has a 9-Day RSI of 45.70 as of Jul. 07, 2026. According to the industry distribution chart, Evolution Mining ranks #1969 out of 2680 companies in the Metals & Mining industry, placing it in the top 73.5%.
Is Evolution Mining's 9-Day RSI too high?
Evolution Mining's current 9-Day RSI is 45.70. The Metals & Mining industry median 9-Day RSI is 46.73. Evolution Mining's value of 45.70 is 2.2% below this industry median. Based on the distribution chart, Evolution Mining ranks #1969 out of 2680 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Evolution Mining has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evolution Mining's 9-Day RSI compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Evolution Mining ranks #1969 out of 2680 companies for 9-Day RSI. This places Evolution Mining in the lower half of its industry. The industry median 9-Day RSI is 46.73. Evolution Mining's value of 45.70 is 2.2% below 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 46.73, based on 2,680 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. Evolution Mining's current 9-Day RSI of 45.70 is 2.2% below 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 46.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution Mining's current 9-Day RSI is 45.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Mining stock overvalued right now?
Based on GuruFocus' analysis, Evolution Mining (ASX:EVN) is currently considered Significantly Overvalued. The stock's GF Value™ is A$8.30, compared to a current price of A$11.94 — trading 43.9% above its estimated fair value. The current 9-Day RSI is 45.70 and 2.2% below the Metals & Mining industry median of 46.73. Evolution Mining's overall GF Score™ is 93/100 with 1 warning sign to review. 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 Evolution Mining (ASX:EVN), the current 9-Day RSI is 45.70 as of Jul. 07, 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 Evolution Mining (ASX:EVN) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution Mining stock appears to be overvalued.
The current stock price of A$11.94 is trading 43.9% above its estimated GF Value™ of A$8.30.
GuruFocus considers Evolution Mining to be Significantly Overvalued.
Key valuation signals for ASX:EVN:
9-Day RSI: 45.70
GF Value™: A$8.30 vs. price of A$11.94 (43.9% above fair value)
Industry Position: 2.2% below the Metals & Mining median (#1969 of 2680)
No single metric tells the full story. See the ASX:EVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution Mining is an Australia-based gold miner. It sold around 750,000 ounces of gold in fiscal 2025 from six wholly or majority owned mines in Australia and Canada. Formed in 2011 via the merger of Conquest Mining and Catalpa Resources and the purchase of Newcrest Mining's Mt Rawdon and Cracow mines, Evolution has acquired more mines and sold the generally less attractive, higher-cost mines. Cowal and Mungari were purchased in 2015, with an initial interest in Glencore's Ernest Henry mine following in 2016, Red Lake in Canada in 2020, the rest of Ernest Henry in 2022 and an 80% stake in the Northparkes copper and gold mine in December 2023. It had roughly 15 years of gold reserves and two decades of copper reserves at the end of December 2024.
93GF Score
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