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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.
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.
Ratnamani Metals & Tubes 9-Day RSI Related Terms
NSE:RATNAMANI vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Ratnamani Metals & Tubes'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.
Ratnamani Metals & Tubes 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Ratnamani Metals & Tubes's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Ratnamani Metals & Tubes'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.
Ratnamani Metals & Tubes (NSE:RATNAMANI) has a 9-Day RSI of 23.32 as of Jul. 29, 2026. According to the industry distribution chart, Ratnamani Metals & Tubes ranks #30 out of 654 companies in the Steel industry, placing it in the top 4.6%.
Is Ratnamani Metals & Tubes' 9-Day RSI too high?
Ratnamani Metals & Tubes' current 9-Day RSI is 23.32. The Steel industry median 9-Day RSI is 46.51. Ratnamani Metals & Tubes' value of 23.32 is 49.9% below this industry median. Based on the distribution chart, Ratnamani Metals & Tubes ranks #30 out of 654 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ratnamani Metals & Tubes has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ratnamani Metals & Tubes' 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Ratnamani Metals & Tubes ranks #30 out of 654 companies for 9-Day RSI. This places Ratnamani Metals & Tubes in the top 5% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 46.51. Ratnamani Metals & Tubes' value of 23.32 is 49.9% 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 46.51, based on 654 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. Ratnamani Metals & Tubes's current 9-Day RSI of 23.32 is 49.9% 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 46.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratnamani Metals & Tubes's current 9-Day RSI is 23.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnamani Metals & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Ratnamani Metals & Tubes (NSE:RATNAMANI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,644.14, compared to a current price of ₹2,356.50 — trading 10.9% below its estimated fair value. The current 9-Day RSI is 23.32 and 49.9% below the Steel industry median of 46.51. Ratnamani Metals & Tubes' overall GF Score™ is 97/100 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 Ratnamani Metals & Tubes (NSE:RATNAMANI), the current 9-Day RSI is 23.32 as of Jul. 29, 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 Ratnamani Metals & Tubes (NSE:RATNAMANI) Overvalued in 2026?
Based on GuruFocus' analysis, Ratnamani Metals & Tubes stock appears to be undervalued.
The current stock price of ₹2,356.50 is trading 10.9% below its estimated GF Value™ of ₹2,644.14.
GuruFocus considers Ratnamani Metals & Tubes to be Modestly Undervalued.
Key valuation signals for NSE:RATNAMANI:
9-Day RSI: 23.32
GF Value™: ₹2,644.14 vs. price of ₹2,356.50 (10.9% below fair value)
Industry Position: 49.9% below the Steel median (#30 of 654)
No single metric tells the full story. See the NSE:RATNAMANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressThe First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.
97GF Score
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