Mangalam Alloys (NSE:MAL) 9-Day RSI: 37.86 (As of Jul. 15, 2026)

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NSE:MAL Mangalam Alloys Ltd NSE:MAL
38 GF Score
Price ₹31.80
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What is Mangalam Alloys 9-Day RSI?

Mangalam Alloys NSE:MAL +2.25% 38 9-Day RSI is 37.86 as of Jul. 15, 2026. GuruFocus rates NSE:MAL with a GF Score™ of 38/100.

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 (2026-07-15), Mangalam Alloys's 9-Day RSI is 37.86.

The industry rank for Mangalam Alloys's 9-Day RSI or its related term are showing as below:

NSE:MAL's 9-Day RSI is not ranked
in the Steel industry.
Industry Median: 45.67 vs NSE:MAL: 37.86

Mangalam Alloys  (NSE:MAL) 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.

Mangalam Alloys 9-Day RSI Related Terms

NSE:MAL vs NUE, STLD, RS: 9-Day RSI Comparison

For the Steel subindustry, Mangalam Alloys'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.

Mangalam Alloys 9-Day RSI vs Steel Industry

For the Steel industry and Basic Materials sector, Mangalam Alloys's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Mangalam Alloys's 9-Day RSI falls into.


NSE:MAL
38GF Score
Mangalam Alloys Ltd NSE:MAL
9-Day RSI is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalam Alloys  (NSE:MAL) 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.

Frequently Asked Questions Learn more about 9-Day RSI →
What does a 9-Day RSI of 37.86 mean?
Mangalam Alloys (NSE:MAL) has a 9-Day RSI of 37.86 as of Jul. 15, 2026.
Is Mangalam Alloys' 9-Day RSI too high?
Mangalam Alloys' current 9-Day RSI is 37.86. The Steel industry median 9-Day RSI is 45.67. Mangalam Alloys' value of 37.86 is 17.1% below this industry median. Overall, Mangalam Alloys has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Alloys' 9-Day RSI compare to NUE and STLD?
Mangalam Alloys' 9-Day RSI of 37.86 can be compared against companies in the Steel industry. The industry median 9-Day RSI is 45.67. Mangalam Alloys' value of 37.86 is 17.1% 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 45.67, 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. Mangalam Alloys's current 9-Day RSI of 37.86 is 17.1% 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 45.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Alloys's current 9-Day RSI is 37.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Alloys stock overvalued right now?
Mangalam Alloys (NSE:MAL) has a current 9-Day RSI of 37.86. The current 9-Day RSI is 37.86 and 17.1% below the Steel industry median of 45.67. Mangalam Alloys' overall GF Score™ is 38/100. 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 Mangalam Alloys (NSE:MAL), the current 9-Day RSI is 37.86 as of Jul. 15, 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.

Mangalam Alloys Business Description

Address GIDC Phase 3, Plot No. 3123-3126, Chattral, Gandhinagar, GJ, IND, 382729
Mangalam Alloys Ltd is engaged in the manufacturing and distribution of high-quality stainless steel products. It is a stainless steel melting unit. Its products include forging ingots, billets, black round bars, bright round bars, hexagonal and square bars, SS RCS, angle bars, fasteners, and others. It operates in one segment, stainless steel products.
38GF Score

Get the complete analysis for NSE:MAL

9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹31.80
Price