Bank Makramah (KAR:BML) 9-Day RSI: 60.77 (As of Jul. 07, 2026)


What is Bank Makramah 9-Day RSI?

Bank Makramah KAR:BML +2.93% 9-Day RSI is 60.77 as of Jul. 07, 2026.

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 (2026-07-07), Bank Makramah's 9-Day RSI is 60.77.

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

KAR:BML's 9-Day RSI is not ranked
in the Banks industry.
Industry Median: 59.2 vs KAR:BML: 60.77

Bank Makramah  (KAR:BML) 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.

Bank Makramah 9-Day RSI Related Terms

Bank Makramah 9-Day RSI Competitor Comparison

For the Banks - Regional subindustry, Bank Makramah'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.

Bank Makramah 9-Day RSI vs Banks Industry

For the Banks industry and Financial Services sector, Bank Makramah's 9-Day RSI distribution charts can be found below:

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


Bank Makramah  (KAR:BML) 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 60.77 mean?
Bank Makramah (KAR:BML) has a 9-Day RSI of 60.77 as of Jul. 07, 2026.
Is Bank Makramah's 9-Day RSI too high?
Bank Makramah's current 9-Day RSI is 60.77. The Banks industry median 9-Day RSI is 59.20. Bank Makramah's value of 60.77 is 2.7% above this industry median.
How does Bank Makramah's 9-Day RSI compare to competitors?
Bank Makramah's 9-Day RSI of 60.77 can be compared against companies in the Banks industry. The industry median 9-Day RSI is 59.20. Bank Makramah's value of 60.77 is 2.7% 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 Banks company?
The median 9-Day RSI among Banks companies is 59.20, based on 1,607 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. Bank Makramah's current 9-Day RSI of 60.77 is 2.7% 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 Banks industry, the median 9-Day RSI is 59.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank Makramah's current 9-Day RSI is 60.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Makramah stock overvalued right now?
Bank Makramah (KAR:BML) has a current 9-Day RSI of 60.77. The current 9-Day RSI is 60.77 and 2.7% above the Banks industry median of 59.20. 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 Bank Makramah (KAR:BML), the current 9-Day RSI is 60.77 as of Jul. 07, 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.

Bank Makramah Business Description

Address Plot No. G-2, Block-2, Sumit Tower, Clifton, Karachi, SD, PAK
Bank Makramah Ltd offers convenient banking services to its valued customer base in Pakistan. It offers Shariah-compliant solutions. The business segments includes: Corporate, SME and Commercial: This segment provides a wide variety of financial products and services to large and medium-sized clients, along with loan products offered to the Consumer, SME and agriculture segments; Treasury: This segment is responsible for asset / liability management and includes all treasury related products; Retail banking: This segment relates to the branch distribution network, its related deposit and other products, and general banking services; and Others. Majority of revenue is from Retail banking segment. Bank operates only in Pakistan.