Shasha DenimsDHA:SHASHADNIM +2.76%28 9-Day RSI is 89.52 as of Jul. 08, 2026. GuruFocus rates DHA:SHASHADNIM with a GF Score™ of 28/100. Among 1,159 Manufacturing - Apparel & Accessories companies, Shasha Denims ranks worse than 97.93% 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 (2026-07-08), Shasha Denims's 9-Day RSI is 89.52.
The industry rank for Shasha Denims's 9-Day RSI or its related term are showing as below:
DHA:SHASHADNIM's 9-Day RSI is ranked worse than 97.93% of 1159
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 48.78
vs DHA:SHASHADNIM: 89.52
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.
Shasha Denims 9-Day RSI Related Terms
Shasha Denims 9-Day RSI Competitor Comparison
For the Textile Manufacturing subindustry, Shasha Denims'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.
Shasha Denims 9-Day RSI vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shasha Denims's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Shasha Denims'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.
Shasha Denims (DHA:SHASHADNIM) has a 9-Day RSI of 89.52 as of Jul. 08, 2026. According to the industry distribution chart, Shasha Denims ranks #1135 out of 1159 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 97.9%.
Is Shasha Denims' 9-Day RSI too high?
Shasha Denims' current 9-Day RSI is 89.52. The Manufacturing - Apparel & Accessories industry median 9-Day RSI is 48.78. Shasha Denims' value of 89.52 is 83.5% above this industry median. Based on the distribution chart, Shasha Denims ranks #1135 out of 1159 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shasha Denims has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Shasha Denims' 9-Day RSI compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shasha Denims ranks #1135 out of 1159 companies for 9-Day RSI. This places Shasha Denims in the lower half of its industry. The industry median 9-Day RSI is 48.78. Shasha Denims' value of 89.52 is 83.5% 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. Shasha Denims's current 9-Day RSI of 89.52 is 83.5% 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. Shasha Denims's current 9-Day RSI is 89.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shasha Denims stock overvalued right now?
Shasha Denims (DHA:SHASHADNIM) has a current 9-Day RSI of 89.52. The current 9-Day RSI is 89.52 and 83.5% above the Manufacturing - Apparel & Accessories industry median of 48.78. Shasha Denims' overall GF Score™ is 28/100. 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 Shasha Denims (DHA:SHASHADNIM), the current 9-Day RSI is 89.52 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.
Shasha Denims PLC formerly Shasha Denims Ltd is a Bangladesh-based company engaged in manufacturing, Dyeing, Weaving & Finishing of Denim Fabric and exporting the same.
28GF Score
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