Faisal Spinning Mills (KAR:FASM) 9-Day RSI: 37.58 (As of Jul. 05, 2026)


What is Faisal Spinning Mills 9-Day RSI?

Faisal Spinning Mills KAR:FASM 9-Day RSI is 37.58 as of Jul. 05, 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 (2026-07-05), Faisal Spinning Mills's 9-Day RSI is 37.58.

The industry rank for Faisal Spinning Mills's 9-Day RSI or its related term are showing as below:

KAR:FASM's 9-Day RSI is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 50.095 vs KAR:FASM: 37.58

Faisal Spinning Mills  (KAR:FASM) 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.

Faisal Spinning Mills 9-Day RSI Related Terms

Faisal Spinning Mills 9-Day RSI Competitor Comparison

For the Textile Manufacturing subindustry, Faisal Spinning 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.

Faisal Spinning Mills 9-Day RSI vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Faisal Spinning Mills's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Faisal Spinning Mills's 9-Day RSI falls into.


Faisal Spinning Mills  (KAR:FASM) 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 37.58 mean?
Faisal Spinning Mills (KAR:FASM) has a 9-Day RSI of 37.58 as of Jul. 05, 2026.
Is Faisal Spinning Mills' 9-Day RSI too high?
Faisal Spinning Mills' current 9-Day RSI is 37.58. The Manufacturing - Apparel & Accessories industry median 9-Day RSI is 50.10. Faisal Spinning Mills' value of 37.58 is 25% below this industry median.
How does Faisal Spinning Mills' 9-Day RSI compare to competitors?
Faisal Spinning Mills' 9-Day RSI of 37.58 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median 9-Day RSI is 50.10. Faisal Spinning Mills' value of 37.58 is 25% 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 a Manufacturing - Apparel & Accessories company?
The median 9-Day RSI among Manufacturing - Apparel & Accessories companies is 50.10, based on 1,160 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. Faisal Spinning Mills's current 9-Day RSI of 37.58 is 25% 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 Manufacturing - Apparel & Accessories industry, the median 9-Day RSI is 50.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Faisal Spinning Mills's current 9-Day RSI is 37.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Faisal Spinning Mills stock overvalued right now?
Faisal Spinning Mills (KAR:FASM) has a current 9-Day RSI of 37.58. The current 9-Day RSI is 37.58 and 25% below the Manufacturing - Apparel & Accessories industry median of 50.10. 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 Faisal Spinning Mills (KAR:FASM), the current 9-Day RSI is 37.58 as of Jul. 05, 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.

Faisal Spinning Mills Business Description

Address S.M. Farooq Road, Sector 23, 23/1, Umer House, Korangi Industrial Area, Karachi, SD, PAK
Faisal Spinning Mills Ltd is engaged in the manufacturing and sales of yarn, greige fabric, dyed fabric, and home textile products. The company's segments include Spinning; Weaving; and Finishing and Home Textile. Its production facilities are located at Nooriabad, District Dadu in the province of Sindh, and Feroz Watwan, District Sheikhpura in the province of Punjab.