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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 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.
Mewar Hi-Tech Engineering 9-Day RSI Related Terms
BOM:540150 vs GEV, ETN, PH: 9-Day RSI Comparison
For the Specialty Industrial Machinery subindustry, Mewar Hi-Tech Engineering'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.
Mewar Hi-Tech Engineering 9-Day RSI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mewar Hi-Tech Engineering's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Mewar Hi-Tech Engineering'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.
Mewar Hi-Tech Engineering (BOM:540150) has a 9-Day RSI of 7.59 as of Aug. 19, 2026. According to the industry distribution chart, Mewar Hi-Tech Engineering ranks #11 out of 3130 companies in the Industrial Products industry, placing it in the top 0.40000000000001%.
Is Mewar Hi-Tech Engineering's 9-Day RSI too high?
Mewar Hi-Tech Engineering's current 9-Day RSI is 7.59. The Industrial Products industry median 9-Day RSI is 53.45. Mewar Hi-Tech Engineering's value of 7.59 is 85.8% below this industry median. Based on the distribution chart, Mewar Hi-Tech Engineering ranks #11 out of 3130 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mewar Hi-Tech Engineering has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mewar Hi-Tech Engineering's 9-Day RSI compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mewar Hi-Tech Engineering ranks #11 out of 3130 companies for 9-Day RSI. This places Mewar Hi-Tech Engineering in the top 0% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 53.45. Mewar Hi-Tech Engineering's value of 7.59 is 85.8% 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 Industrial Products company?
The median 9-Day RSI among Industrial Products companies is 53.45, based on 3,130 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. Mewar Hi-Tech Engineering's current 9-Day RSI of 7.59 is 85.8% 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 Industrial Products industry, the median 9-Day RSI is 53.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mewar Hi-Tech Engineering's current 9-Day RSI is 7.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mewar Hi-Tech Engineering stock overvalued right now?
Based on GuruFocus' analysis, Mewar Hi-Tech Engineering (BOM:540150) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹52.70, compared to a current price of ₹63.99 — trading 21.4% above its estimated fair value. The current 9-Day RSI is 7.59 and 85.8% below the Industrial Products industry median of 53.45. Mewar Hi-Tech Engineering's overall GF Score™ is 59/100 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 Mewar Hi-Tech Engineering (BOM:540150), the current 9-Day RSI is 7.59 as of Aug. 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 Mewar Hi-Tech Engineering (BOM:540150) Overvalued in 2026?
Based on GuruFocus' analysis, Mewar Hi-Tech Engineering stock appears to be overvalued.
The current stock price of ₹63.99 is trading 21.4% above its estimated GF Value™ of ₹52.70.
GuruFocus considers Mewar Hi-Tech Engineering to be Modestly Overvalued.
Key valuation signals for BOM:540150:
9-Day RSI: 7.59
GF Value™: ₹52.70 vs. price of ₹63.99 (21.4% above fair value)
Industry Position: 85.8% below the Industrial Products median (#11 of 3130)
No single metric tells the full story. See the BOM:540150 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mewar Hi-Tech Engineering Ltd is an India-based company engaged in the manufacturing of heavy machines, including crushers, mixers, and industrial material handling equipment. Revenues are mainly derived from the manufacturing of construction equipment. Its product includes a double toggle oil jaw crusher, HIS, VSI, cone crusher, vibrating screens, among others.
59GF Score
Get the complete analysis for BOM:540150
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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