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Millat TractorsKAR:MTL -0.33%78 9-Day RSI is 35.34 as of Jul. 22, 2026. GuruFocus rates KAR:MTL with a GF Score™ of 78/100 and a GF Value™ of ₨211.38 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 216 Farm & Heavy Construction Machinery companies, Millat Tractors ranks better than 73.61% 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 (2026-07-22), Millat Tractors's 9-Day RSI is 35.34.
The industry rank for Millat Tractors's 9-Day RSI or its related term are showing as below:
KAR:MTL's 9-Day RSI is ranked better than 73.61% of 216
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 46.88
vs KAR:MTL: 35.34
Millat Tractors (KAR:MTL) 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.
Millat Tractors 9-Day RSI Related Terms
KAR:MTL vs CAT, DE, PCAR: 9-Day RSI Comparison
For the Farm & Heavy Construction Machinery subindustry, Millat Tractors'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.
Millat Tractors 9-Day RSI vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Millat Tractors's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Millat Tractors'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.
Millat Tractors (KAR:MTL) has a 9-Day RSI of 35.34 as of Jul. 22, 2026. According to the industry distribution chart, Millat Tractors ranks #57 out of 216 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 26.4%.
Is Millat Tractors' 9-Day RSI too high?
Millat Tractors' current 9-Day RSI is 35.34. The Farm & Heavy Construction Machinery industry median 9-Day RSI is 46.88. Millat Tractors' value of 35.34 is 24.6% below this industry median. Based on the distribution chart, Millat Tractors ranks #57 out of 216 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Millat Tractors has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millat Tractors' 9-Day RSI compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Millat Tractors ranks #57 out of 216 companies for 9-Day RSI. This puts Millat Tractors in the upper half of its industry. The industry median 9-Day RSI is 46.88. Millat Tractors' value of 35.34 is 24.6% 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 Farm & Heavy Construction Machinery company?
The median 9-Day RSI among Farm & Heavy Construction Machinery companies is 46.88, based on 216 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. Millat Tractors's current 9-Day RSI of 35.34 is 24.6% 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 Farm & Heavy Construction Machinery industry, the median 9-Day RSI is 46.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millat Tractors's current 9-Day RSI is 35.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millat Tractors stock overvalued right now?
Based on GuruFocus' analysis, Millat Tractors (KAR:MTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨211.38, compared to a current price of ₨286.62 — trading 35.6% above its estimated fair value. The current 9-Day RSI is 35.34 and 24.6% below the Farm & Heavy Construction Machinery industry median of 46.88. Millat Tractors' overall GF Score™ is 78/100 with 6 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 Millat Tractors (KAR:MTL), the current 9-Day RSI is 35.34 as of Jul. 22, 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 Millat Tractors (KAR:MTL) Overvalued in 2026?
Based on GuruFocus' analysis, Millat Tractors stock appears to be overvalued.
The current stock price of ₨286.62 is trading 35.6% above its estimated GF Value™ of ₨211.38.
GuruFocus considers Millat Tractors to be Significantly Overvalued.
Key valuation signals for KAR:MTL:
9-Day RSI: 35.34
GF Value™: ₨211.38 vs. price of ₨286.62 (35.6% above fair value)
Industry Position: 24.6% below the Farm & Heavy Construction Machinery median (#57 of 216)
No single metric tells the full story. See the KAR:MTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing of agricultural tractors, implements and multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan and abroad. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.
78GF Score
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