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), Grange Resources's 9-Day RSI is 33.92.
The industry rank for Grange Resources's 9-Day RSI or its related term are showing as below:
ASX:GRR's 9-Day RSI is ranked better than 61.16% of 654
companies
in the Steel industry
Industry Median: 46.47
vs ASX:GRR: 33.92
Grange Resources (ASX:GRR) 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.
Grange Resources 9-Day RSI Related Terms
ASX:GRR vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Grange Resources'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.
Grange Resources 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Grange Resources's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Grange Resources'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.
Grange Resources (ASX:GRR) has a 9-Day RSI of 33.92 as of Jul. 07, 2026. According to the industry distribution chart, Grange Resources ranks #254 out of 654 companies in the Steel industry, placing it in the top 38.8%.
Is Grange Resources' 9-Day RSI too high?
Grange Resources' current 9-Day RSI is 33.92. The Steel industry median 9-Day RSI is 46.47. Grange Resources' value of 33.92 is 27% below this industry median. Based on the distribution chart, Grange Resources ranks #254 out of 654 companies in the Steel industry, which is above the industry midpoint. Overall, Grange Resources has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grange Resources' 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Grange Resources ranks #254 out of 654 companies for 9-Day RSI. This puts Grange Resources in the upper half of its industry. The industry median 9-Day RSI is 46.47. Grange Resources' value of 33.92 is 27% 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 Steel company?
The median 9-Day RSI among Steel companies is 46.47, based on 654 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. Grange Resources's current 9-Day RSI of 33.92 is 27% 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 Steel industry, the median 9-Day RSI is 46.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grange Resources's current 9-Day RSI is 33.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grange Resources stock overvalued right now?
Based on GuruFocus' analysis, Grange Resources (ASX:GRR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.26, compared to a current price of A$0.14 — trading 46.2% below its estimated fair value. The current 9-Day RSI is 33.92 and 27% below the Steel industry median of 46.47. Grange Resources' overall GF Score™ is 53/100 with 6 warning signs 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 Grange Resources (ASX:GRR), the current 9-Day RSI is 33.92 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 Grange Resources (ASX:GRR) Overvalued in 2026?
Based on GuruFocus' analysis, Grange Resources stock appears to be undervalued.
The current stock price of A$0.14 is trading 46.2% below its estimated GF Value™ of A$0.26.
GuruFocus considers Grange Resources to be Possible Value Trap.
Key valuation signals for ASX:GRR:
9-Day RSI: 33.92
GF Value™: A$0.26 vs. price of A$0.14 (46.2% below fair value)
Industry Position: 27% below the Steel median (#254 of 654)
No single metric tells the full story. See the ASX:GRR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grange Resources Ltd is engaged in the exploration, evaluation, and development of mineral resources and iron ore mining operations. The Group has one reportable segment, being the exploration, evaluation, and development of mineral resources and iron ore mining operations.
53GF Score
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