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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.
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.
Zenith Steel Pipes & Industries 9-Day RSI Related Terms
NSE:ZENITHSTL vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Zenith Steel Pipes & Industries'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.
Zenith Steel Pipes & Industries 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Zenith Steel Pipes & Industries's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Zenith Steel Pipes & Industries'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.
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) has a 9-Day RSI of 64.23 as of Jul. 23, 2026. According to the industry distribution chart, Zenith Steel Pipes & Industries ranks #530 out of 653 companies in the Steel industry, placing it in the top 81.2%.
Is Zenith Steel Pipes & Industries' 9-Day RSI too high?
Zenith Steel Pipes & Industries' current 9-Day RSI is 64.23. The Steel industry median 9-Day RSI is 46.17. Zenith Steel Pipes & Industries' value of 64.23 is 39.1% above this industry median. Based on the distribution chart, Zenith Steel Pipes & Industries ranks #530 out of 653 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Zenith Steel Pipes & Industries has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Steel Pipes & Industries' 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Zenith Steel Pipes & Industries ranks #530 out of 653 companies for 9-Day RSI. This places Zenith Steel Pipes & Industries in the lower half of its industry. The industry median 9-Day RSI is 46.17. Zenith Steel Pipes & Industries' value of 64.23 is 39.1% 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 Steel company?
The median 9-Day RSI among Steel companies is 46.17, 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. Zenith Steel Pipes & Industries's current 9-Day RSI of 64.23 is 39.1% 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 Steel industry, the median 9-Day RSI is 46.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Steel Pipes & Industries's current 9-Day RSI is 64.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Steel Pipes & Industries stock overvalued right now?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries (NSE:ZENITHSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.30, compared to a current price of ₹5.86 — trading 77.6% above its estimated fair value. The current 9-Day RSI is 64.23 and 39.1% above the Steel industry median of 46.17. Zenith Steel Pipes & Industries' overall GF Score™ is 39/100 with 7 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL), the current 9-Day RSI is 64.23 as of Jul. 23, 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries stock appears to be overvalued.
The current stock price of ₹5.86 is trading 77.6% above its estimated GF Value™ of ₹3.30.
GuruFocus considers Zenith Steel Pipes & Industries to be Significantly Overvalued.
Key valuation signals for NSE:ZENITHSTL:
9-Day RSI: 64.23
GF Value™: ₹3.30 vs. price of ₹5.86 (77.6% above fair value)
Industry Position: 39.1% above the Steel median (#530 of 653)
No single metric tells the full story. See the NSE:ZENITHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenith Steel Pipes & Industries Business Description
Zenith Steel Pipes & Industries Ltd is a manufacturer of steel pipes in India. Its product portfolio includes Electric Resistance Welded Black pipes, Electric Resistance Welded GI pipes, HSAW Pipes, and others. The vast majority of its revenue comes from India.
39GF Score
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