Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) 9-Day RSI: 52.40 (As of Aug. 01, 2026)

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Director of Data and Quant Analytics at GuruFocus
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DHA:BSRMLTD Bangladesh Steel Re-Rolling Mills Ltd DHA:BSRMLTD
87 GF Score
Price BDT104.90
GF Value BDT95.03
Valuation Fairly Valued
! 8 Warning Signs
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What is Bangladesh Steel Re-Rolling Mills 9-Day RSI?

Bangladesh Steel Re-Rolling Mills DHA:BSRMLTD +0.96% 87 9-Day RSI is 52.40 as of Aug. 01, 2026. GuruFocus rates DHA:BSRMLTD with a GF Score™ of 87/100 and a GF Value™ of BDT95.03 (Fairly Valued). The stock has 8 warning signs investors should review. Among 654 Steel companies, Bangladesh Steel Re-Rolling Mills ranks worse than 65.6% on this metric.

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 (2026-08-01), Bangladesh Steel Re-Rolling Mills's 9-Day RSI is 52.40.

The industry rank for Bangladesh Steel Re-Rolling Mills's 9-Day RSI or its related term are showing as below:

DHA:BSRMLTD's 9-Day RSI is ranked worse than
65.6% of 654 companies
in the Steel industry
Industry Median: 45.14 vs DHA:BSRMLTD: 52.40

Bangladesh Steel Re-Rolling Mills  (DHA:BSRMLTD) 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.


Bangladesh Steel Re-Rolling Mills 9-Day RSI Related Terms


DHA:BSRMLTD vs NUE, STLD, RS: 9-Day RSI Comparison

For the Steel subindustry, Bangladesh Steel Re-Rolling Mills'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.


Bangladesh Steel Re-Rolling Mills 9-Day RSI vs Steel Industry

For the Steel industry and Basic Materials sector, Bangladesh Steel Re-Rolling Mills's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Bangladesh Steel Re-Rolling Mills's 9-Day RSI falls into.


DHA:BSRMLTD
87GF Score
Bangladesh Steel Re-Rolling Mills Ltd DHA:BSRMLTD
9-Day RSI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangladesh Steel Re-Rolling Mills  (DHA:BSRMLTD) 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.

Frequently Asked Questions Learn more about 9-Day RSI →
What does a 9-Day RSI of 52.40 mean?
Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) has a 9-Day RSI of 52.40 as of Aug. 01, 2026. According to the industry distribution chart, Bangladesh Steel Re-Rolling Mills ranks #429 out of 654 companies in the Steel industry, placing it in the top 65.6%.
Is Bangladesh Steel Re-Rolling Mills' 9-Day RSI too high?
Bangladesh Steel Re-Rolling Mills' current 9-Day RSI is 52.40. The Steel industry median 9-Day RSI is 45.14. Bangladesh Steel Re-Rolling Mills' value of 52.40 is 16.1% above this industry median. Based on the distribution chart, Bangladesh Steel Re-Rolling Mills ranks #429 out of 654 companies in the Steel industry, which is below the industry midpoint. Overall, Bangladesh Steel Re-Rolling Mills has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bangladesh Steel Re-Rolling Mills' 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Bangladesh Steel Re-Rolling Mills ranks #429 out of 654 companies for 9-Day RSI. This places Bangladesh Steel Re-Rolling Mills in the lower half of its industry. The industry median 9-Day RSI is 45.14. Bangladesh Steel Re-Rolling Mills' value of 52.40 is 16.1% 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 45.14, based on 654 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. Bangladesh Steel Re-Rolling Mills's current 9-Day RSI of 52.40 is 16.1% 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 45.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangladesh Steel Re-Rolling Mills's current 9-Day RSI is 52.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangladesh Steel Re-Rolling Mills stock overvalued right now?
Based on GuruFocus' analysis, Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) is currently considered Fairly Valued. The stock's GF Value™ is BDT95.03, compared to a current price of BDT104.90 — trading 10.4% above its estimated fair value. The current 9-Day RSI is 52.40 and 16.1% above the Steel industry median of 45.14. Bangladesh Steel Re-Rolling Mills' overall GF Score™ is 87/100 with 8 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 Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD), the current 9-Day RSI is 52.40 as of Aug. 01, 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 Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Bangladesh Steel Re-Rolling Mills stock appears to be overvalued. The current stock price of BDT104.90 is trading 10.4% above its estimated GF Value™ of BDT95.03. GuruFocus considers Bangladesh Steel Re-Rolling Mills to be Fairly Valued.

Key valuation signals for DHA:BSRMLTD:

  • 9-Day RSI: 52.40
  • GF Value™: BDT95.03 vs. price of BDT104.90 (10.4% above fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 16.1% above the Steel median (#429 of 654)

No single metric tells the full story. See the DHA:BSRMLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bangladesh Steel Re-Rolling Mills Business Description

Address 1207/1099 Sadarghat Road, Ali Mansion, Chattogram, BGD, 4000
Bangladesh Steel Re-Rolling Mills Ltd is a Bangladesh-based steel manufacturing company. The company also deals in the sale of M.S. products like angle, channel, I Beam, H Beam, MS plate, and others. Its steel products are used inside Buildings, Bridges, and National Infrastructures. The company's products consist of XTREME 500W, XTREME 500W-STIRRUP, XTREME 500W-BEND CUT, MS SQUARE BAR, M.S ANGEL-MANUFACTURED, RIBBED WIRE ROD. The company generates the majority of its revenue from XTREME 500W sales.
87GF Score

Get the complete analysis for DHA:BSRMLTD

9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT104.90
Price
BDT95.03
GF Value