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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 industry rank for Permsin Steel Works PCL's 9-Day RSI or its related term are showing as below:
BKK:PERM's 9-Day RSI is ranked better than 50.08% of 653
companies
in the Steel industry
Industry Median: 45.93
vs BKK:PERM: 45.92
Permsin Steel Works PCL (BKK:PERM) 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.
Permsin Steel Works PCL 9-Day RSI Related Terms
BKK:PERM vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Permsin Steel Works PCL'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.
Permsin Steel Works PCL 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Permsin Steel Works PCL's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Permsin Steel Works PCL's 9-Day RSI falls into.
Permsin Steel Works PCL (BKK:PERM) 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.
Permsin Steel Works PCL (BKK:PERM) has a 9-Day RSI of 45.92 as of Jul. 19, 2026. According to the industry distribution chart, Permsin Steel Works PCL ranks #326 out of 653 companies in the Steel industry, placing it in the top 49.9%.
Is Permsin Steel Works PCL's 9-Day RSI too high?
Permsin Steel Works PCL's current 9-Day RSI is 45.92. The Steel industry median 9-Day RSI is 45.93. Permsin Steel Works PCL's value of 45.92 is 0% below this industry median. Based on the distribution chart, Permsin Steel Works PCL ranks #326 out of 653 companies in the Steel industry, which is above the industry midpoint. Overall, Permsin Steel Works PCL has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Permsin Steel Works PCL's 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Permsin Steel Works PCL ranks #326 out of 653 companies for 9-Day RSI. This puts Permsin Steel Works PCL in the upper half of its industry. The industry median 9-Day RSI is 45.93. Permsin Steel Works PCL's value of 45.92 is 0% 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 Steel company?
The median 9-Day RSI among Steel companies is 45.93, based on 653 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. Permsin Steel Works PCL's current 9-Day RSI of 45.92 is 0% 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 Steel industry, the median 9-Day RSI is 45.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permsin Steel Works PCL's current 9-Day RSI is 45.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permsin Steel Works PCL stock overvalued right now?
Based on GuruFocus' analysis, Permsin Steel Works PCL (BKK:PERM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.64, compared to a current price of ฿0.24 — trading 62.5% below its estimated fair value. The current 9-Day RSI is 45.92 and 0% below the Steel industry median of 45.93. Permsin Steel Works PCL's overall GF Score™ is 26/100 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 Permsin Steel Works PCL (BKK:PERM), the current 9-Day RSI is 45.92 as of Jul. 19, 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 Permsin Steel Works PCL (BKK:PERM) Overvalued in 2026?
Based on GuruFocus' analysis, Permsin Steel Works PCL stock appears to be undervalued.
The current stock price of ฿0.24 is trading 62.5% below its estimated GF Value™ of ฿0.64.
GuruFocus considers Permsin Steel Works PCL to be Possible Value Trap.
Key valuation signals for BKK:PERM:
9-Day RSI: 45.92
GF Value™: ฿0.64 vs. price of ฿0.24 (62.5% below fair value)
Industry Position: 0% below the Steel median (#326 of 653)
No single metric tells the full story. See the BKK:PERM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Permsin Steel Works PCL is principally engaged in the manufacture and distribution of hot rolled steel and cold rolled steel, C-channel, galvanized high tensile strength, electro-galvanized steel, C-line, C-U, t-bar, and roll forming metal sheet. The Group has three reportable segments: the Distribution of rolled steel segment, the Manufacturing and distribution of metal sheet segment, and the Manufacturing and distribution of pre-painted steel coil segment. The majority of revenue is from the Manufacturing and distribution of metal sheet segment.
26GF Score
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9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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