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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.
As of today (2026-08-27), Hemang Resources's 9-Day RSI is 19.62.
The industry rank for Hemang Resources's 9-Day RSI or its related term are showing as below:
BOM:531178's 9-Day RSI is ranked better than 97.88% of 189
companies
in the Other Energy Sources industry
Industry Median: 61.88
vs BOM:531178: 19.62
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.
Hemang Resources 9-Day RSI Related Terms
Hemang Resources 9-Day RSI Competitor Comparison
For the Thermal Coal subindustry, Hemang Resources'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.
Hemang Resources 9-Day RSI vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Hemang Resources's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Hemang Resources'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.
Hemang Resources (BOM:531178) has a 9-Day RSI of 19.62 as of Aug. 27, 2026. According to the industry distribution chart, Hemang Resources ranks #4 out of 189 companies in the Other Energy Sources industry, placing it in the top 2.1%.
Is Hemang Resources' 9-Day RSI too high?
Hemang Resources' current 9-Day RSI is 19.62. The Other Energy Sources industry median 9-Day RSI is 61.88. Hemang Resources' value of 19.62 is 68.3% below this industry median. Based on the distribution chart, Hemang Resources ranks #4 out of 189 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Hemang Resources has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hemang Resources' 9-Day RSI compare to competitors?
According to the Other Energy Sources industry distribution chart, Hemang Resources ranks #4 out of 189 companies for 9-Day RSI. This places Hemang Resources in the top 2% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 61.88. Hemang Resources' value of 19.62 is 68.3% 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 an Other Energy Sources company?
The median 9-Day RSI among Other Energy Sources companies is 61.88, based on 189 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. Hemang Resources's current 9-Day RSI of 19.62 is 68.3% 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 Other Energy Sources industry, the median 9-Day RSI is 61.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hemang Resources's current 9-Day RSI is 19.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemang Resources stock overvalued right now?
Based on GuruFocus' analysis, Hemang Resources (BOM:531178) is currently considered Possible Value Trap. The stock's GF Value™ is ₹14.12, compared to a current price of ₹9.32 — trading 34% below its estimated fair value. The current 9-Day RSI is 19.62 and 68.3% below the Other Energy Sources industry median of 61.88. Hemang Resources' overall GF Score™ is 59/100 with 3 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 Hemang Resources (BOM:531178), the current 9-Day RSI is 19.62 as of Aug. 27, 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 Hemang Resources (BOM:531178) Overvalued in 2026?
Based on GuruFocus' analysis, Hemang Resources stock appears to be undervalued.
The current stock price of ₹9.32 is trading 34% below its estimated GF Value™ of ₹14.12.
GuruFocus considers Hemang Resources to be Possible Value Trap.
Key valuation signals for BOM:531178:
9-Day RSI: 19.62
GF Value™: ₹14.12 vs. price of ₹9.32 (34% below fair value)
Industry Position: 68.3% below the Other Energy Sources median (#4 of 189)
No single metric tells the full story. See the BOM:531178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hemang Resources Ltd is a company principally engaged in coal trading, stevedoring, logistic services, and land trading. The company's operating segments consist of the Coal Trading Division and the Infrastructure Division. The Coal Trading Division focuses on trading both imported and indigenous coal, selling to various industries in India. The Infrastructure Division operates in the real estate sector. The company generates the majority of its revenue from the sale of imported coal within the Coal Trading Division segment.
59GF Score
Get the complete analysis for BOM:531178
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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