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 industry rank for RHI Magnesita India's 9-Day RSI or its related term are showing as below:
NSE:RHIM's 9-Day RSI is ranked worse than 89.95% of 3125
companies
in the Industrial Products industry
Industry Median: 44.41
vs NSE:RHIM: 70.93
RHI Magnesita India (NSE:RHIM) 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.
RHI Magnesita India 9-Day RSI Related Terms
NSE:RHIM vs CRS, ATI, MLI: 9-Day RSI Comparison
For the Metal Fabrication subindustry, RHI Magnesita India'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.
RHI Magnesita India 9-Day RSI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, RHI Magnesita India's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where RHI Magnesita India's 9-Day RSI falls into.
RHI Magnesita India (NSE:RHIM) 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.
RHI Magnesita India (NSE:RHIM) has a 9-Day RSI of 70.93 as of Jul. 12, 2026. According to the industry distribution chart, RHI Magnesita India ranks #2811 out of 3125 companies in the Industrial Products industry, placing it in the top 90%.
Is RHI Magnesita India's 9-Day RSI too high?
RHI Magnesita India's current 9-Day RSI is 70.93. The Industrial Products industry median 9-Day RSI is 44.41. RHI Magnesita India's value of 70.93 is 59.7% above this industry median. Based on the distribution chart, RHI Magnesita India ranks #2811 out of 3125 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, RHI Magnesita India has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RHI Magnesita India's 9-Day RSI compare to CRS and ATI?
According to the Industrial Products industry distribution chart, RHI Magnesita India ranks #2811 out of 3125 companies for 9-Day RSI. This places RHI Magnesita India in the lower half of its industry. The industry median 9-Day RSI is 44.41. RHI Magnesita India's value of 70.93 is 59.7% 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 44.41, 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. RHI Magnesita India's current 9-Day RSI of 70.93 is 59.7% 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 44.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RHI Magnesita India's current 9-Day RSI is 70.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHI Magnesita India stock overvalued right now?
Based on GuruFocus' analysis, RHI Magnesita India (NSE:RHIM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹619.84, compared to a current price of ₹420.35 — trading 32.2% below its estimated fair value. The current 9-Day RSI is 70.93 and 59.7% above the Industrial Products industry median of 44.41. RHI Magnesita India's overall GF Score™ is 78/100 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 RHI Magnesita India (NSE:RHIM), the current 9-Day RSI is 70.93 as of Jul. 12, 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 RHI Magnesita India (NSE:RHIM) Overvalued in 2026?
Based on GuruFocus' analysis, RHI Magnesita India stock appears to be undervalued.
The current stock price of ₹420.35 is trading 32.2% below its estimated GF Value™ of ₹619.84.
GuruFocus considers RHI Magnesita India to be Significantly Undervalued.
Key valuation signals for NSE:RHIM:
9-Day RSI: 70.93
GF Value™: ₹619.84 vs. price of ₹420.35 (32.2% below fair value)
Industry Position: 59.7% above the Industrial Products median (#2811 of 3125)
No single metric tells the full story. See the NSE:RHIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RHI Magnesita India Ltd is engaged in the business of manufacturing and trading refractories, monolithics, bricks, and ceramic paper, and rendering management services. Its product offerings include isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, and castables. The company's products are used in steel, cement and lime, non-ferrous metals, glass, and other industries. It operates in the Indian and international markets, of which a majority of its revenue is generated within India.
78GF Score
Get the complete analysis for NSE:RHIM
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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