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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.
Rathi Steel & Power (BOM:504903) 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.
Rathi Steel & Power 9-Day RSI Related Terms
BOM:504903 vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Rathi Steel & Power'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.
Rathi Steel & Power 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Rathi Steel & Power's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Rathi Steel & Power's 9-Day RSI falls into.
Rathi Steel & Power (BOM:504903) 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.
Rathi Steel & Power (BOM:504903) has a 9-Day RSI of 60.93 as of Aug. 17, 2026. According to the industry distribution chart, Rathi Steel & Power ranks #464 out of 650 companies in the Steel industry, placing it in the top 71.4%.
Is Rathi Steel & Power's 9-Day RSI too high?
Rathi Steel & Power's current 9-Day RSI is 60.93. The Steel industry median 9-Day RSI is 52.29. Rathi Steel & Power's value of 60.93 is 16.5% above this industry median. Based on the distribution chart, Rathi Steel & Power ranks #464 out of 650 companies in the Steel industry, which is below the industry midpoint. Overall, Rathi Steel & Power has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rathi Steel & Power's 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Rathi Steel & Power ranks #464 out of 650 companies for 9-Day RSI. This places Rathi Steel & Power in the lower half of its industry. The industry median 9-Day RSI is 52.29. Rathi Steel & Power's value of 60.93 is 16.5% 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 Steel company?
The median 9-Day RSI among Steel companies is 52.29, based on 650 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. Rathi Steel & Power's current 9-Day RSI of 60.93 is 16.5% 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 Steel industry, the median 9-Day RSI is 52.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rathi Steel & Power's current 9-Day RSI is 60.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rathi Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, Rathi Steel & Power (BOM:504903) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹32.40, compared to a current price of ₹26.33 — trading 18.7% below its estimated fair value. The current 9-Day RSI is 60.93 and 16.5% above the Steel industry median of 52.29. Rathi Steel & Power's overall GF Score™ is 62/100 with 6 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 Rathi Steel & Power (BOM:504903), the current 9-Day RSI is 60.93 as of Aug. 17, 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 Rathi Steel & Power (BOM:504903) Overvalued in 2026?
Based on GuruFocus' analysis, Rathi Steel & Power stock appears to be undervalued.
The current stock price of ₹26.33 is trading 18.7% below its estimated GF Value™ of ₹32.40.
GuruFocus considers Rathi Steel & Power to be Modestly Undervalued.
Key valuation signals for BOM:504903:
9-Day RSI: 60.93
GF Value™: ₹32.40 vs. price of ₹26.33 (18.7% below fair value)
Industry Position: 16.5% above the Steel median (#464 of 650)
No single metric tells the full story. See the BOM:504903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rathi Steel & Power Ltd is engaged in manufacturing steel and steel-based products. Its products include rebars and wire rods which are used in all key concrete constructions such as buildings, bridges, reservoirs, roads, irrigation and power structures, dock and harbor structures, foundations, piles, and precast concrete.
62GF Score
Get the complete analysis for BOM:504903
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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