Red MetalASX:RDM +3.13%34 9-Day RSI is 60.57 as of Jun. 29, 2026. GuruFocus rates ASX:RDM with a GF Score™ of 34/100. The stock has 4 warning signs investors should review. Among 2,681 Metals & Mining companies, Red Metal ranks worse than 89.03% 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 (2026-06-29), Red Metal's 9-Day RSI is 60.57.
The industry rank for Red Metal's 9-Day RSI or its related term are showing as below:
ASX:RDM's 9-Day RSI is ranked worse than 89.03% of 2681
companies
in the Metals & Mining industry
Industry Median: 40.36
vs ASX:RDM: 60.57
Red Metal (ASX:RDM) 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.
Red Metal 9-Day RSI Related Terms
Red Metal 9-Day RSI Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Red Metal'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.
Red Metal 9-Day RSI vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Red Metal's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Red Metal'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.
Red Metal (ASX:RDM) has a 9-Day RSI of 60.57 as of Jun. 29, 2026. According to the industry distribution chart, Red Metal ranks #2387 out of 2681 companies in the Metals & Mining industry, placing it in the top 89%.
Is Red Metal's 9-Day RSI too high?
Red Metal's current 9-Day RSI is 60.57. The Metals & Mining industry median 9-Day RSI is 40.36. Red Metal's value of 60.57 is 50.1% above this industry median. Based on the distribution chart, Red Metal ranks #2387 out of 2681 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Red Metal has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Red Metal's 9-Day RSI compare to competitors?
According to the Metals & Mining industry distribution chart, Red Metal ranks #2387 out of 2681 companies for 9-Day RSI. This places Red Metal in the lower half of its industry. The industry median 9-Day RSI is 40.36. Red Metal's value of 60.57 is 50.1% 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 40.36, based on 2,681 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. Red Metal's current 9-Day RSI of 60.57 is 50.1% 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 40.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Metal's current 9-Day RSI is 60.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Metal stock overvalued right now?
Red Metal (ASX:RDM) has a current 9-Day RSI of 60.57. The current 9-Day RSI is 60.57 and 50.1% above the Metals & Mining industry median of 40.36. Red Metal's overall GF Score™ is 34/100 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 Red Metal (ASX:RDM), the current 9-Day RSI is 60.57 as of Jun. 29, 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.
Red Metal Ltd is a minerals exploration company. The company explores for copper, copper-gold, copper-nickel, and silver-lead zinc deposits. The company owns projects in the Sybella REO Discovery Northwest, QLD, Paterson Province WA, Carpentaria Province QLD, Gawler Craton and Curnamona Province SA, Pilbara Craton WA, Coompana and Madura Provinces Nullarbor Project WA, and others. It operates in the mining industry in Australia.
34GF Score
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