Merino (ASX:MNC) 9-Day RSI: 23.98 (As of Jul. 13, 2026)


What is Merino 9-Day RSI?

Merino ASX:MNC 9-Day RSI is 23.98 as of Jul. 13, 2026. The stock has 3 warning signs investors should review. Among 1,159 Manufacturing - Apparel & Accessories companies, Merino ranks better than 94.65% 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 (2026-07-13), Merino's 9-Day RSI is 23.98.

The industry rank for Merino's 9-Day RSI or its related term are showing as below:

ASX:MNC's 9-Day RSI is ranked better than
94.65% of 1159 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 47.86 vs ASX:MNC: 23.98

Merino  (ASX:MNC) 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.

Merino 9-Day RSI Related Terms

ASX:MNC vs RL, LEVI, VFC: 9-Day RSI Comparison

For the Apparel Manufacturing subindustry, Merino'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.

Merino 9-Day RSI vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Merino's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Merino's 9-Day RSI falls into.


Merino  (ASX:MNC) 9-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.

Frequently Asked Questions Learn more about 9-Day RSI →
What does a 9-Day RSI of 23.98 mean?
Merino (ASX:MNC) has a 9-Day RSI of 23.98 as of Jul. 13, 2026. According to the industry distribution chart, Merino ranks #62 out of 1159 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.3%.
Is Merino's 9-Day RSI too high?
Merino's current 9-Day RSI is 23.98. The Manufacturing - Apparel & Accessories industry median 9-Day RSI is 47.86. Merino's value of 23.98 is 49.9% below this industry median. Based on the distribution chart, Merino ranks #62 out of 1159 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers.
How does Merino's 9-Day RSI compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Merino ranks #62 out of 1159 companies for 9-Day RSI. This places Merino in the top 5% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 47.86. Merino's value of 23.98 is 49.9% 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 Manufacturing - Apparel & Accessories company?
The median 9-Day RSI among Manufacturing - Apparel & Accessories companies is 47.86, based on 1,159 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. Merino's current 9-Day RSI of 23.98 is 49.9% 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 Manufacturing - Apparel & Accessories industry, the median 9-Day RSI is 47.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merino's current 9-Day RSI is 23.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merino stock overvalued right now?
Merino (ASX:MNC) has a current 9-Day RSI of 23.98. The current 9-Day RSI is 23.98 and 49.9% below the Manufacturing - Apparel & Accessories industry median of 47.86. 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 Merino (ASX:MNC), the current 9-Day RSI is 23.98 as of Jul. 13, 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.

Merino Business Description

Address 4 Quartz Way, Wangara, WA, AUS, 6065
Merino & Co Ltd Export and distribution of merino wool products. It manufactures, markets, and sells wool apparel and accessories, predominantly featuring fine Merino wool, to both Australian and international markets. The Entity has two reporting segments, Australia and China, and the majority of its revenue is generated from Australia.