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), MLG Oz's 9-Day RSI is 42.64.
The industry rank for MLG Oz's 9-Day RSI or its related term are showing as below:
ASX:MLG's 9-Day RSI is ranked worse than 88.04% of 2683
companies
in the Metals & Mining industry
Industry Median: 40.66
vs ASX:MLG: 42.64
MLG Oz (ASX:MLG) 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.
MLG Oz 9-Day RSI Related Terms
MLG Oz 9-Day RSI Competitor Comparison
For the Other Industrial Metals & Mining subindustry, MLG Oz'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.
MLG Oz 9-Day RSI vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MLG Oz's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where MLG Oz'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.
MLG Oz (ASX:MLG) has a 9-Day RSI of 42.64 as of Jul. 01, 2026. According to the industry distribution chart, MLG Oz ranks #2362 out of 2683 companies in the Metals & Mining industry, placing it in the top 88%.
Is MLG Oz's 9-Day RSI too high?
MLG Oz's current 9-Day RSI is 42.64. The Metals & Mining industry median 9-Day RSI is 40.66. MLG Oz's value of 42.64 is 4.9% above this industry median. Based on the distribution chart, MLG Oz ranks #2362 out of 2683 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MLG Oz has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's 9-Day RSI compare to competitors?
According to the Metals & Mining industry distribution chart, MLG Oz ranks #2362 out of 2683 companies for 9-Day RSI. This places MLG Oz in the lower half of its industry. The industry median 9-Day RSI is 40.66. MLG Oz's value of 42.64 is 4.9% 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 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. MLG Oz's current 9-Day RSI of 42.64 is 4.9% 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 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. MLG Oz's current 9-Day RSI is 42.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Fairly Valued. The stock's GF Value™ is A$0.75, compared to a current price of A$0.71 — trading 5.3% below its estimated fair value. The current 9-Day RSI is 42.64 and 4.9% above the Metals & Mining industry median of 40.66. MLG Oz's overall GF Score™ is 43/100 with 5 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 MLG Oz (ASX:MLG), the current 9-Day RSI is 42.64 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.
Is MLG Oz (ASX:MLG) Overvalued in 2026?
Based on GuruFocus' analysis, MLG Oz stock appears to be undervalued.
The current stock price of A$0.71 is trading 5.3% below its estimated GF Value™ of A$0.75.
GuruFocus considers MLG Oz to be Fairly Valued.
Key valuation signals for ASX:MLG:
9-Day RSI: 42.64
GF Value™: A$0.75 vs. price of A$0.71 (5.3% below fair value)
Industry Position: 4.9% above the Metals & Mining median (#2362 of 2683)
No single metric tells the full story. See the ASX:MLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
43GF Score
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