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.
MIL:DAN's 9-Day RSI is ranked better than 81.25% of 3125
companies
in the Industrial Products industry
Industry Median: 45.88
vs MIL:DAN: 53.19
Danieli & C. Officine Meccaniche SpA (MIL:DAN) 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.
Danieli & C. Officine Meccaniche SpA 9-Day RSI Related Terms
MIL:DAN vs GEV, ETN, PH: 9-Day RSI Comparison
For the Specialty Industrial Machinery subindustry, Danieli & C. Officine Meccaniche SpA'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.
Danieli & C. Officine Meccaniche SpA 9-Day RSI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Danieli & C. Officine Meccaniche SpA's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Danieli & C. Officine Meccaniche SpA's 9-Day RSI falls into.
Danieli & C. Officine Meccaniche SpA (MIL:DAN) 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.
Danieli & C. Officine Meccaniche SpA (MIL:DAN) has a 9-Day RSI of 53.19 as of Jul. 04, 2026. According to the industry distribution chart, Danieli & C. Officine Meccaniche SpA ranks #586 out of 3125 companies in the Industrial Products industry, placing it in the top 18.8%.
Is Danieli & C. Officine Meccaniche SpA's 9-Day RSI too high?
Danieli & C. Officine Meccaniche SpA's current 9-Day RSI is 53.19. The Industrial Products industry median 9-Day RSI is 45.88. Danieli & C. Officine Meccaniche SpA's value of 53.19 is 15.9% above this industry median. Based on the distribution chart, Danieli & C. Officine Meccaniche SpA ranks #586 out of 3125 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Danieli & C. Officine Meccaniche SpA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Danieli & C. Officine Meccaniche SpA's 9-Day RSI compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Danieli & C. Officine Meccaniche SpA ranks #586 out of 3125 companies for 9-Day RSI. This places Danieli & C. Officine Meccaniche SpA in the top 19% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 45.88. Danieli & C. Officine Meccaniche SpA's value of 53.19 is 15.9% 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 an Industrial Products company?
The median 9-Day RSI among Industrial Products companies is 45.88, based on 3,125 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. Danieli & C. Officine Meccaniche SpA's current 9-Day RSI of 53.19 is 15.9% 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 Industrial Products industry, the median 9-Day RSI is 45.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danieli & C. Officine Meccaniche SpA's current 9-Day RSI is 53.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danieli & C. Officine Meccaniche SpA stock overvalued right now?
Based on GuruFocus' analysis, Danieli & C. Officine Meccaniche SpA (MIL:DAN) is currently considered Significantly Overvalued. The stock's GF Value™ is €30.41, compared to a current price of €71.75 — trading 135.9% above its estimated fair value. The current 9-Day RSI is 53.19 and 15.9% above the Industrial Products industry median of 45.88. Danieli & C. Officine Meccaniche SpA's overall GF Score™ is 67/100 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 Danieli & C. Officine Meccaniche SpA (MIL:DAN), the current 9-Day RSI is 53.19 as of Jul. 04, 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 Danieli & C. Officine Meccaniche SpA (MIL:DAN) Overvalued in 2026?
Based on GuruFocus' analysis, Danieli & C. Officine Meccaniche SpA stock appears to be overvalued.
The current stock price of €71.75 is trading 135.9% above its estimated GF Value™ of €30.41.
GuruFocus considers Danieli & C. Officine Meccaniche SpA to be Significantly Overvalued.
Key valuation signals for MIL:DAN:
9-Day RSI: 53.19
GF Value™: €30.41 vs. price of €71.75 (135.9% above fair value)
Industry Position: 15.9% above the Industrial Products median (#586 of 3125)
No single metric tells the full story. See the MIL:DAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Danieli & C. Officine Meccaniche SpA Business Description
Danieli & C. Officine Meccaniche SpA is an Italy-based company that is engaged in manufacturing and distribution of steel and other nonferrous metal products as well as plant building. The company operates through two segments, namely steelmaking and plant making. The Steelmaking segment manufactures ingots, forged bars, blooms, rolled bars, bar in coils and others. End customers primarily come from the mechanical, automotive, oil & gas, power generation and other sectors. The Plant Making segment designs and builds mines, pellet production plants, furnaces, rolling mills and other various plants and facilities. The company has a global presence, with Europe, Middle East and Far East being the three largest markets for the company.
67GF Score
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