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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.
NSE:ETML's 9-Day RSI is ranked better than 67.65% of 1351
companies
in the Vehicles & Parts industry
Industry Median: 47.94
vs NSE:ETML: 60.60
Emerald Tyre Manufacturers (NSE:ETML) 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.
Emerald Tyre Manufacturers 9-Day RSI Related Terms
NSE:ETML vs ORLY, AZO: 9-Day RSI Comparison
For the Auto Parts subindustry, Emerald Tyre Manufacturers'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.
Emerald Tyre Manufacturers 9-Day RSI vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Emerald Tyre Manufacturers's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Emerald Tyre Manufacturers's 9-Day RSI falls into.
Emerald Tyre Manufacturers (NSE:ETML) 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.
Emerald Tyre Manufacturers (NSE:ETML) has a 9-Day RSI of 60.60 as of Jul. 18, 2026. According to the industry distribution chart, Emerald Tyre Manufacturers ranks #437 out of 1351 companies in the Vehicles & Parts industry, placing it in the top 32.3%.
Is Emerald Tyre Manufacturers' 9-Day RSI too high?
Emerald Tyre Manufacturers' current 9-Day RSI is 60.60. The Vehicles & Parts industry median 9-Day RSI is 47.94. Emerald Tyre Manufacturers' value of 60.60 is 26.4% above this industry median. Based on the distribution chart, Emerald Tyre Manufacturers ranks #437 out of 1351 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Emerald Tyre Manufacturers has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Tyre Manufacturers' 9-Day RSI compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Emerald Tyre Manufacturers ranks #437 out of 1351 companies for 9-Day RSI. This puts Emerald Tyre Manufacturers in the upper half of its industry. The industry median 9-Day RSI is 47.94. Emerald Tyre Manufacturers' value of 60.60 is 26.4% 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 Vehicles & Parts company?
The median 9-Day RSI among Vehicles & Parts companies is 47.94, based on 1,351 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. Emerald Tyre Manufacturers's current 9-Day RSI of 60.60 is 26.4% 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 Vehicles & Parts industry, the median 9-Day RSI is 47.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Tyre Manufacturers's current 9-Day RSI is 60.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Tyre Manufacturers stock overvalued right now?
Emerald Tyre Manufacturers (NSE:ETML) has a current 9-Day RSI of 60.60. The current 9-Day RSI is 60.60 and 26.4% above the Vehicles & Parts industry median of 47.94. Emerald Tyre Manufacturers' overall GF Score™ is 16/100 with 3 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 Emerald Tyre Manufacturers (NSE:ETML), the current 9-Day RSI is 60.60 as of Jul. 18, 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.
Emerald Tyre Manufacturers Ltd is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications, like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders, etc.
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