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 (2026-07-09), Russel Metals's 9-Day RSI is 61.54.
The industry rank for Russel Metals's 9-Day RSI or its related term are showing as below:
TSX:RUS's 9-Day RSI is ranked worse than 80.38% of 158
companies
in the Industrial Distribution industry
Industry Median: 46.955
vs TSX:RUS: 61.54
Russel Metals (TSX:RUS) 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.
Russel Metals 9-Day RSI Related Terms
TSX:RUS vs GWW, FAST, FERG: 9-Day RSI Comparison
For the Industrial Distribution subindustry, Russel Metals'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.
Russel Metals 9-Day RSI vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Russel Metals's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Russel Metals'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.
Russel Metals (TSX:RUS) has a 9-Day RSI of 61.54 as of Jul. 09, 2026. According to the industry distribution chart, Russel Metals ranks #127 out of 158 companies in the Industrial Distribution industry, placing it in the top 80.4%.
Is Russel Metals' 9-Day RSI too high?
Russel Metals' current 9-Day RSI is 61.54. The Industrial Distribution industry median 9-Day RSI is 46.96. Russel Metals' value of 61.54 is 31.1% above this industry median. Based on the distribution chart, Russel Metals ranks #127 out of 158 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Russel Metals has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Russel Metals' 9-Day RSI compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Russel Metals ranks #127 out of 158 companies for 9-Day RSI. This places Russel Metals in the lower half of its industry. The industry median 9-Day RSI is 46.96. Russel Metals' value of 61.54 is 31.1% 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 an Industrial Distribution company?
The median 9-Day RSI among Industrial Distribution companies is 46.96, based on 158 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. Russel Metals's current 9-Day RSI of 61.54 is 31.1% 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 Industrial Distribution industry, the median 9-Day RSI is 46.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Russel Metals's current 9-Day RSI is 61.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Russel Metals stock overvalued right now?
Based on GuruFocus' analysis, Russel Metals (TSX:RUS) is currently considered Modestly Overvalued. The stock's GF Value™ is C$50.68, compared to a current price of C$63.40 — trading 25.1% above its estimated fair value. The current 9-Day RSI is 61.54 and 31.1% above the Industrial Distribution industry median of 46.96. Russel Metals' overall GF Score™ is 79/100 with 8 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 Russel Metals (TSX:RUS), the current 9-Day RSI is 61.54 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 Russel Metals (TSX:RUS) Overvalued in 2026?
Based on GuruFocus' analysis, Russel Metals stock appears to be overvalued.
The current stock price of C$63.40 is trading 25.1% above its estimated GF Value™ of C$50.68.
GuruFocus considers Russel Metals to be Modestly Overvalued.
Key valuation signals for TSX:RUS:
9-Day RSI: 61.54
GF Value™: C$50.68 vs. price of C$63.40 (25.1% above fair value)
Industry Position: 31.1% above the Industrial Distribution median (#127 of 158)
No single metric tells the full story. See the TSX:RUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business in Canada and the U.S. in three operating and reportable segments: Metals Service Centers, Energy Field Stores, and Steel Distributors. The majority of its revenue is generated from the Metals Service Centers segment, which carries an extensive line of metal products in a wide range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum, and other non-ferrous specialty metals. It purchases these products mainly from North American steel producers, processes, packages, and sells them to end users in accordance with their specific needs. Geographically, the company generates maximum revenue from Canada.
79GF Score
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