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.
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.
IG Petrochemicals 9-Day RSI Related Terms
NSE:IGPL vs DOW: 9-Day RSI Comparison
For the Chemicals subindustry, IG Petrochemicals'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.
IG Petrochemicals 9-Day RSI vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, IG Petrochemicals's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where IG Petrochemicals'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.
IG Petrochemicals (NSE:IGPL) has a 9-Day RSI of 32.23 as of Jul. 09, 2026. According to the industry distribution chart, IG Petrochemicals ranks #364 out of 1649 companies in the Chemicals industry, placing it in the top 22.1%.
Is IG Petrochemicals' 9-Day RSI too high?
IG Petrochemicals' current 9-Day RSI is 32.23. The Chemicals industry median 9-Day RSI is 42.06. IG Petrochemicals' value of 32.23 is 23.4% below this industry median. Based on the distribution chart, IG Petrochemicals ranks #364 out of 1649 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, IG Petrochemicals has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IG Petrochemicals' 9-Day RSI compare to DOW?
According to the Chemicals industry distribution chart, IG Petrochemicals ranks #364 out of 1649 companies for 9-Day RSI. This places IG Petrochemicals in the top 22% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 42.06. IG Petrochemicals' value of 32.23 is 23.4% 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 Chemicals company?
The median 9-Day RSI among Chemicals companies is 42.06, based on 1,649 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. IG Petrochemicals's current 9-Day RSI of 32.23 is 23.4% 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 Chemicals industry, the median 9-Day RSI is 42.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IG Petrochemicals's current 9-Day RSI is 32.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Petrochemicals stock overvalued right now?
Based on GuruFocus' analysis, IG Petrochemicals (NSE:IGPL) is currently considered Fairly Valued. The stock's GF Value™ is ₹399.56, compared to a current price of ₹421.80 — trading 5.6% above its estimated fair value. The current 9-Day RSI is 32.23 and 23.4% below the Chemicals industry median of 42.06. IG Petrochemicals' overall GF Score™ is 76/100 with 10 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 IG Petrochemicals (NSE:IGPL), the current 9-Day RSI is 32.23 as of Jul. 09, 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 IG Petrochemicals (NSE:IGPL) Overvalued in 2026?
Based on GuruFocus' analysis, IG Petrochemicals stock appears to be overvalued.
The current stock price of ₹421.80 is trading 5.6% above its estimated GF Value™ of ₹399.56.
GuruFocus considers IG Petrochemicals to be Fairly Valued.
Key valuation signals for NSE:IGPL:
9-Day RSI: 32.23
GF Value™: ₹399.56 vs. price of ₹421.80 (5.6% above fair value)
Industry Position: 23.4% below the Chemicals median (#364 of 1649)
No single metric tells the full story. See the NSE:IGPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IG Petrochemicals Ltd is engaged in the manufacture and sale of organic chemicals. The company produces Phthalic Anhydride, Maleic Anhydride, and Benzoic Acid. Phthalic Anhydride is used for the manufacture of polyvinyl chloride products for manufacturing a range of consumer care, personal care, and home care products like shoes, pipes and hoses, boxes, containers, packaging films, medical and surgical equipment, and others. Geographically, the firm has a presence in both the Indian and international markets of which the Indian region accounts for the majority of revenue.
76GF Score
Get the complete analysis for NSE:IGPL
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
NSE:IGPL has been successfully added to your 