Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
KAR:MUGHAL's 9-Day RSI is ranked better than 80.7% of 653
companies
in the Steel industry
Industry Median: 48.76
vs KAR:MUGHAL: 36.94
Mughal Iron & Steel Industries (KAR:MUGHAL) 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.
Mughal Iron & Steel Industries 9-Day RSI Related Terms
KAR:MUGHAL vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Mughal Iron & Steel Industries'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.
Mughal Iron & Steel Industries 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Mughal Iron & Steel Industries's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Mughal Iron & Steel Industries's 9-Day RSI falls into.
Mughal Iron & Steel Industries (KAR:MUGHAL) 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.
Mughal Iron & Steel Industries (KAR:MUGHAL) has a 9-Day RSI of 36.94 as of Jul. 16, 2026. According to the industry distribution chart, Mughal Iron & Steel Industries ranks #126 out of 653 companies in the Steel industry, placing it in the top 19.3%.
Is Mughal Iron & Steel Industries' 9-Day RSI too high?
Mughal Iron & Steel Industries' current 9-Day RSI is 36.94. The Steel industry median 9-Day RSI is 48.76. Mughal Iron & Steel Industries' value of 36.94 is 24.2% below this industry median. Based on the distribution chart, Mughal Iron & Steel Industries ranks #126 out of 653 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mughal Iron & Steel Industries has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mughal Iron & Steel Industries' 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Mughal Iron & Steel Industries ranks #126 out of 653 companies for 9-Day RSI. This places Mughal Iron & Steel Industries in the top 19% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 48.76. Mughal Iron & Steel Industries' value of 36.94 is 24.2% 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 Steel company?
The median 9-Day RSI among Steel companies is 48.76, based on 653 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. Mughal Iron & Steel Industries's current 9-Day RSI of 36.94 is 24.2% 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 Steel industry, the median 9-Day RSI is 48.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mughal Iron & Steel Industries's current 9-Day RSI is 36.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mughal Iron & Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries (KAR:MUGHAL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨70.44, compared to a current price of ₨82.17 — trading 16.7% above its estimated fair value. The current 9-Day RSI is 36.94 and 24.2% below the Steel industry median of 48.76. Mughal Iron & Steel Industries' overall GF Score™ is 91/100 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 Mughal Iron & Steel Industries (KAR:MUGHAL), the current 9-Day RSI is 36.94 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 Mughal Iron & Steel Industries (KAR:MUGHAL) Overvalued in 2026?
Based on GuruFocus' analysis, Mughal Iron & Steel Industries stock appears to be overvalued.
The current stock price of ₨82.17 is trading 16.7% above its estimated GF Value™ of ₨70.44.
GuruFocus considers Mughal Iron & Steel Industries to be Modestly Overvalued.
Key valuation signals for KAR:MUGHAL:
9-Day RSI: 36.94
GF Value™: ₨70.44 vs. price of ₨82.17 (16.7% above fair value)
Industry Position: 24.2% below the Steel median (#126 of 653)
No single metric tells the full story. See the KAR:MUGHAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mughal Iron & Steel Industries Business Description
Mughal Iron & Steel Industries Ltd is engaged in the manufacturing and trading of mild steel products. The operating segments of the company are Ferrous, Non-Ferrous, and the Energy segment. The company's main products involve Steel re-bars (G60 / Mughal Supreme), Girders, Billets, Copper ingots, and Copper granules.
91GF Score
Get the complete analysis for KAR:MUGHAL
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KAR:MUGHAL has been successfully added to your 
