Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 (2026-08-23), Mittal Sections's 9-Day RSI is 53.20.
The industry rank for Mittal Sections's 9-Day RSI or its related term are showing as below:
BOM:544575's 9-Day RSI is ranked worse than 58.68% of 651
companies
in the Steel industry
Industry Median: 49.99
vs BOM:544575: 53.20
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.
Mittal Sections 9-Day RSI Related Terms
BOM:544575 vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Mittal Sections'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.
Mittal Sections 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Mittal Sections's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Mittal Sections'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.
Mittal Sections (BOM:544575) has a 9-Day RSI of 53.20 as of Aug. 23, 2026. According to the industry distribution chart, Mittal Sections ranks #382 out of 651 companies in the Steel industry, placing it in the top 58.7%.
Is Mittal Sections' 9-Day RSI too high?
Mittal Sections' current 9-Day RSI is 53.20. The Steel industry median 9-Day RSI is 49.99. Mittal Sections' value of 53.20 is 6.4% above this industry median. Based on the distribution chart, Mittal Sections ranks #382 out of 651 companies in the Steel industry, which is below the industry midpoint. Overall, Mittal Sections has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Mittal Sections' 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Mittal Sections ranks #382 out of 651 companies for 9-Day RSI. This places Mittal Sections in the lower half of its industry. The industry median 9-Day RSI is 49.99. Mittal Sections' value of 53.20 is 6.4% 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 49.99, based on 651 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. Mittal Sections's current 9-Day RSI of 53.20 is 6.4% 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 49.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mittal Sections's current 9-Day RSI is 53.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mittal Sections stock overvalued right now?
Mittal Sections (BOM:544575) has a current 9-Day RSI of 53.20. The current 9-Day RSI is 53.20 and 6.4% above the Steel industry median of 49.99. Mittal Sections' overall GF Score™ is 15/100 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 Mittal Sections (BOM:544575), the current 9-Day RSI is 53.20 as of Aug. 23, 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.
Mittal Sections Ltd is engaged in the manufacturing and sale of structural steel products. The Company's operations include the manufacturing of steel products and the wholesale trade of metals and metal ores. Its products are mainly sold in the local market.
15GF Score
Get the complete analysis for BOM:544575
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544575 has been successfully added to your 
