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 Bata Shoe Co (Bangladesh)'s 9-Day RSI or its related term are showing as below:
DHA:BATASHOE's 9-Day RSI is ranked worse than 67.56% of 1159
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 48.78
vs DHA:BATASHOE: 55.20
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) 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.
Bata Shoe Co (Bangladesh) 9-Day RSI Related Terms
DHA:BATASHOE vs NKE, DECK, ONON: 9-Day RSI Comparison
For the Footwear & Accessories subindustry, Bata Shoe Co (Bangladesh)'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.
Bata Shoe Co (Bangladesh) 9-Day RSI vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata Shoe Co (Bangladesh)'s 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Bata Shoe Co (Bangladesh)'s 9-Day RSI falls into.
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) 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.
Bata Shoe Co (Bangladesh) (DHA:BATASHOE) has a 9-Day RSI of 55.20 as of Jul. 08, 2026. According to the industry distribution chart, Bata Shoe Co (Bangladesh) ranks #783 out of 1159 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 67.6%.
Is Bata Shoe Co (Bangladesh)'s 9-Day RSI too high?
Bata Shoe Co (Bangladesh)'s current 9-Day RSI is 55.20. The Manufacturing - Apparel & Accessories industry median 9-Day RSI is 48.78. Bata Shoe Co (Bangladesh)'s value of 55.20 is 13.2% above this industry median. Based on the distribution chart, Bata Shoe Co (Bangladesh) ranks #783 out of 1159 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bata Shoe Co (Bangladesh) has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bata Shoe Co (Bangladesh)'s 9-Day RSI compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bata Shoe Co (Bangladesh) ranks #783 out of 1159 companies for 9-Day RSI. This places Bata Shoe Co (Bangladesh) in the lower half of its industry. The industry median 9-Day RSI is 48.78. Bata Shoe Co (Bangladesh)'s value of 55.20 is 13.2% 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 Manufacturing - Apparel & Accessories company?
The median 9-Day RSI among Manufacturing - Apparel & Accessories companies is 48.78, based on 1,159 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. Bata Shoe Co (Bangladesh)'s current 9-Day RSI of 55.20 is 13.2% 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 Manufacturing - Apparel & Accessories industry, the median 9-Day RSI is 48.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bata Shoe Co (Bangladesh)'s current 9-Day RSI is 55.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata Shoe Co (Bangladesh) stock overvalued right now?
Based on GuruFocus' analysis, Bata Shoe Co (Bangladesh) (DHA:BATASHOE) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT1,004.68, compared to a current price of BDT875.80 — trading 12.8% below its estimated fair value. The current 9-Day RSI is 55.20 and 13.2% above the Manufacturing - Apparel & Accessories industry median of 48.78. Bata Shoe Co (Bangladesh)'s overall GF Score™ is 87/100 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 Bata Shoe Co (Bangladesh) (DHA:BATASHOE), the current 9-Day RSI is 55.20 as of Jul. 08, 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 Bata Shoe Co (Bangladesh) (DHA:BATASHOE) Overvalued in 2026?
Based on GuruFocus' analysis, Bata Shoe Co (Bangladesh) stock appears to be undervalued.
The current stock price of BDT875.80 is trading 12.8% below its estimated GF Value™ of BDT1,004.68.
GuruFocus considers Bata Shoe Co (Bangladesh) to be Modestly Undervalued.
Key valuation signals for DHA:BATASHOE:
9-Day RSI: 55.20
GF Value™: BDT1,004.68 vs. price of BDT875.80 (12.8% below fair value)
Industry Position: 13.2% above the Manufacturing - Apparel & Accessories median (#783 of 1159)
No single metric tells the full story. See the DHA:BATASHOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bata Shoe Co (Bangladesh) Ltd is engaged in the manufacturing and marketing of leather, rubber, plastic, canvas footwear, hosiery, and accessories items. It offers a range of designer collections for men, women, and children. The company's manufacturing plants are located in Tongi and Dhamrai. Its operating segments are Domestic and Other, of which a majority of revenue is derived from the Domestic segment. Its products include Sports shoes, Casual and closed shoes, Formal shoes, Wallets, Backpacks, Sunglasses, and others.
87GF Score
Get the complete analysis for DHA:BATASHOE
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
DHA:BATASHOE has been successfully added to your 