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 (2026-07-06), Myer Holdings's 9-Day RSI is 49.37.
The industry rank for Myer Holdings's 9-Day RSI or its related term are showing as below:
ASX:MYR's 9-Day RSI is ranked worse than 74.49% of 1137
companies
in the Retail - Cyclical industry
Industry Median: 50.44
vs ASX:MYR: 49.37
Myer Holdings (ASX:MYR) 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.
Myer Holdings 9-Day RSI Related Terms
ASX:MYR vs DDS, M: 9-Day RSI Comparison
For the Department Stores subindustry, Myer Holdings'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.
Myer Holdings 9-Day RSI vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Myer Holdings'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.
Myer Holdings (ASX:MYR) has a 9-Day RSI of 49.37 as of Jul. 06, 2026. According to the industry distribution chart, Myer Holdings ranks #847 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 74.5%.
Is Myer Holdings' 9-Day RSI too high?
Myer Holdings' current 9-Day RSI is 49.37. The Retail - Cyclical industry median 9-Day RSI is 50.44. Myer Holdings' value of 49.37 is 2.1% below this industry median. Based on the distribution chart, Myer Holdings ranks #847 out of 1137 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Myer Holdings has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' 9-Day RSI compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #847 out of 1137 companies for 9-Day RSI. This places Myer Holdings in the lower half of its industry. The industry median 9-Day RSI is 50.44. Myer Holdings' value of 49.37 is 2.1% 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 Retail - Cyclical company?
The median 9-Day RSI among Retail - Cyclical companies is 50.44, based on 1,137 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. Myer Holdings's current 9-Day RSI of 49.37 is 2.1% 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 Retail - Cyclical industry, the median 9-Day RSI is 50.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current 9-Day RSI is 49.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Myer Holdings (ASX:MYR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.49, compared to a current price of A$0.29 — trading 40.8% below its estimated fair value. The current 9-Day RSI is 49.37 and 2.1% below the Retail - Cyclical industry median of 50.44. Myer Holdings' overall GF Score™ is 38/100 with 4 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 Myer Holdings (ASX:MYR), the current 9-Day RSI is 49.37 as of Jul. 06, 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 Myer Holdings (ASX:MYR) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of A$0.29 is trading 40.8% below its estimated GF Value™ of A$0.49.
GuruFocus considers Myer Holdings to be Possible Value Trap.
Key valuation signals for ASX:MYR:
9-Day RSI: 49.37
GF Value™: A$0.49 vs. price of A$0.29 (40.8% below fair value)
Industry Position: 2.1% below the Retail - Cyclical median (#847 of 1137)
No single metric tells the full story. See the ASX:MYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
38GF Score
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