Salungano Group (JSE:SLG) 9-Day RSI: 41.48 (As of Jul. 16, 2026)

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JSE:SLG Salungano Group Ltd JSE:SLG
30 GF Score
Price R0.80
GF Value R0.53
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Salungano Group 9-Day RSI?

Salungano Group JSE:SLG 30 9-Day RSI is 41.48 as of Jul. 16, 2026. GuruFocus rates JSE:SLG with a GF Score™ of 30/100 and a GF Value™ of R0.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 188 Other Energy Sources companies, Salungano Group ranks better than 70.21% 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 (2026-07-16), Salungano Group's 9-Day RSI is 41.48.

The industry rank for Salungano Group's 9-Day RSI or its related term are showing as below:

JSE:SLG's 9-Day RSI is ranked better than
70.21% of 188 companies
in the Other Energy Sources industry
Industry Median: 48.53 vs JSE:SLG: 41.48

Salungano Group  (JSE:SLG) 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.


Salungano Group 9-Day RSI Related Terms


JSE:SLG vs CNR: 9-Day RSI Comparison

For the Thermal Coal subindustry, Salungano Group'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.


Salungano Group 9-Day RSI vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Salungano Group's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Salungano Group's 9-Day RSI falls into.


JSE:SLG
30GF Score
Salungano Group Ltd JSE:SLG
9-Day RSI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Salungano Group  (JSE:SLG) 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 41.48 mean?
Salungano Group (JSE:SLG) has a 9-Day RSI of 41.48 as of Jul. 16, 2026. According to the industry distribution chart, Salungano Group ranks #56 out of 188 companies in the Other Energy Sources industry, placing it in the top 29.8%.
Is Salungano Group's 9-Day RSI too high?
Salungano Group's current 9-Day RSI is 41.48. The Other Energy Sources industry median 9-Day RSI is 48.53. Salungano Group's value of 41.48 is 14.5% below this industry median. Based on the distribution chart, Salungano Group ranks #56 out of 188 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Salungano Group has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salungano Group's 9-Day RSI compare to CNR?
According to the Other Energy Sources industry distribution chart, Salungano Group ranks #56 out of 188 companies for 9-Day RSI. This puts Salungano Group in the upper half of its industry. The industry median 9-Day RSI is 48.53. Salungano Group's value of 41.48 is 14.5% 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 Other Energy Sources company?
The median 9-Day RSI among Other Energy Sources companies is 48.53, based on 188 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. Salungano Group's current 9-Day RSI of 41.48 is 14.5% 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 Other Energy Sources industry, the median 9-Day RSI is 48.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salungano Group's current 9-Day RSI is 41.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salungano Group stock overvalued right now?
Based on GuruFocus' analysis, Salungano Group (JSE:SLG) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.53, compared to a current price of R0.80 — trading 50.9% above its estimated fair value. The current 9-Day RSI is 41.48 and 14.5% below the Other Energy Sources industry median of 48.53. Salungano Group's overall GF Score™ is 30/100 with 3 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 Salungano Group (JSE:SLG), the current 9-Day RSI is 41.48 as of Jul. 16, 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 Salungano Group (JSE:SLG) Overvalued in 2026?

Based on GuruFocus' analysis, Salungano Group stock appears to be overvalued. The current stock price of R0.80 is trading 50.9% above its estimated GF Value™ of R0.53. GuruFocus considers Salungano Group to be Significantly Overvalued.

Key valuation signals for JSE:SLG:

  • 9-Day RSI: 41.48
  • GF Value™: R0.53 vs. price of R0.80 (50.9% above fair value)
  • GF Score™: 30/100 with 3 warning signs
  • Industry Position: 14.5% below the Other Energy Sources median (#56 of 188)

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


Salungano Group Business Description

Address 142 Western Service Road, First Floor, Building 10, Woodmead Business Park, Woodmead, Sandton, Johannesburg, GT, ZAF, 2191
Salungano Group Ltd is a South African firm mainly engaged in the mining, processing, sale, and distribution of thermal coal. Along with its subsidiaries, it operates in the following reportable segments: Mining, Trading, Property rental and other, and Investment holding. The majority of its revenue is generated from the Mining segment, which is involved in the exploration, beneficiation, and mining of bituminous coal. The mining operations of the Group are carried out at Elandspruit, Khanyisa, Vanggatfontein, Arnot, and Moabsvelden mining complexes. The Trading segment buys and sells coal to inland customers, and the property rental segment rents property to other segments within the group.
30GF Score

Get the complete analysis for JSE:SLG

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

R0.80
Price
R0.53
GF Value