Renegade ExplorationASX:RNX 9-Day RSI is 39.52 as of Jul. 05, 2026. The stock has 3 warning signs investors should review. Among 2,680 Metals & Mining companies, Renegade Exploration ranks better than 73.02% 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.
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.
For the Other Industrial Metals & Mining subindustry, Renegade Exploration'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.
Renegade Exploration 9-Day RSI vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Renegade Exploration's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Renegade Exploration'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.
Renegade Exploration (ASX:RNX) has a 9-Day RSI of 39.52 as of Jul. 05, 2026. According to the industry distribution chart, Renegade Exploration ranks #723 out of 2680 companies in the Metals & Mining industry, placing it in the top 27%.
Is Renegade Exploration's 9-Day RSI too high?
Renegade Exploration's current 9-Day RSI is 39.52. The Metals & Mining industry median 9-Day RSI is 47.44. Renegade Exploration's value of 39.52 is 16.7% below this industry median. Based on the distribution chart, Renegade Exploration ranks #723 out of 2680 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Renegade Exploration's 9-Day RSI compare to competitors?
According to the Metals & Mining industry distribution chart, Renegade Exploration ranks #723 out of 2680 companies for 9-Day RSI. This puts Renegade Exploration in the upper half of its industry. The industry median 9-Day RSI is 47.44. Renegade Exploration's value of 39.52 is 16.7% 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 Metals & Mining company?
The median 9-Day RSI among Metals & Mining companies is 47.44, based on 2,680 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. Renegade Exploration's current 9-Day RSI of 39.52 is 16.7% 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 Metals & Mining industry, the median 9-Day RSI is 47.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renegade Exploration's current 9-Day RSI is 39.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renegade Exploration stock overvalued right now?
Renegade Exploration (ASX:RNX) has a current 9-Day RSI of 39.52. The current 9-Day RSI is 39.52 and 16.7% below the Metals & Mining industry median of 47.44. 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 Renegade Exploration (ASX:RNX), the current 9-Day RSI is 39.52 as of Jul. 05, 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.
Renegade Exploration Ltd focuses on exploring and developing mineral properties in Australia and Canada. The company principally targets copper, gold, zinc, cobalt, and vanadium deposits through its various projects, such as the North Isa and Cloncurry projects in Queensland, and other ventures in the Yukon region. Renegade Exploration operates across multiple regions and emphasizes the exploration of minerals relevant to emerging industries. Its business involves acquiring and managing mineral interests to increase resource value through exploration activities. The geographical operating segments of the company are based in Australia and North America, which involve mining exploration for zinc and gold.
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