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.
As of today (2026-07-02), Norbit ASA's 14-Day RSI is 0.38.
The industry rank for Norbit ASA's 14-Day RSI or its related term are showing as below:
CHIX:NORBTo's 14-Day RSI is ranked better than 58.38% of 2525
companies
in the Hardware industry
Industry Median: 47.03
vs CHIX:NORBTo: 0.38
Norbit ASA (CHIX:NORBTo) 14-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.
Norbit ASA 14-Day RSI Related Terms
CHIX:NORBTO vs COHR, KEYS, GRMN: 14-Day RSI Comparison
For the Scientific & Technical Instruments subindustry, Norbit ASA's 14-Day RSI, along with its competitors' market caps and 14-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.
Norbit ASA 14-Day RSI vs Hardware Industry
For the Hardware industry and Technology sector, Norbit ASA's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Norbit ASA's 14-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.
Norbit ASA (CHIX:NORBTO) has a 14-Day RSI of 0.38 as of Jul. 02, 2026. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Norbit ASA and its competitors. According to the industry distribution chart, Norbit ASA ranks #1051 out of 2525 companies in the Hardware industry, placing it in the top 41.6%.
Is Norbit ASA's 14-Day RSI too high?
Norbit ASA's current 14-Day RSI is 0.38. The Hardware industry median 14-Day RSI is 47.03. Norbit ASA's value of 0.38 is 99.2% below this industry median. Based on the distribution chart, Norbit ASA ranks #1051 out of 2525 companies in the Hardware industry, which is above the industry midpoint. Overall, Norbit ASA has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's 14-Day RSI compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #1051 out of 2525 companies for 14-Day RSI. This puts Norbit ASA in the upper half of its industry. The industry median 14-Day RSI is 47.03. Norbit ASA's value of 0.38 is 99.2% 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 14-Day RSI for a Hardware company?
The median 14-Day RSI among Hardware companies is 47.03, based on 2,525 companies in the industry. Companies in the top quartile (top 25%) have a 14-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 14-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norbit ASA's current 14-Day RSI of 0.38 is 99.2% 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 14-Day RSI mean?
A high 14-Day RSI can signal that a stock is expensive relative to its fundamentals. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Norbit ASA and its competitors. For the Hardware industry, the median 14-Day RSI is 47.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbit ASA's current 14-Day RSI is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbit ASA stock overvalued right now?
Based on GuruFocus' analysis, Norbit ASA (CHIX:NORBTO) is currently considered Fairly Valued. The stock's GF Value™ is kr173.07, compared to a current price of kr168.30 — trading 2.8% below its estimated fair value. The current 14-Day RSI is 0.38 and 99.2% below the Hardware industry median of 47.03. Norbit ASA's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 14-Day RSI calculated?
14-Day RSI is calculated from a company's financial statements. For Norbit ASA (CHIX:NORBTO), the current 14-Day RSI is 0.38 as of Jul. 02, 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 Norbit ASA (CHIX:NORBTO) Overvalued in 2026?
Based on GuruFocus' analysis, Norbit ASA stock appears to be undervalued.
The current stock price of kr168.30 is trading 2.8% below its estimated GF Value™ of kr173.07.
GuruFocus considers Norbit ASA to be Fairly Valued.
Key valuation signals for CHIX:NORBTO:
14-Day RSI: 0.38
GF Value™: kr173.07 vs. price of kr168.30 (2.8% below fair value)
Industry Position: 99.2% below the Hardware median (#1051 of 2525)
No single metric tells the full story. See the CHIX:NORBTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norbit ASA is a provider of tailored technology to selected applications by solving challenges through solutions. It is organised in three operating segments: Oceans, Connectivity and Product, Innovation & Realization (PIR). The Oceans segment delivers tailored technology solutions to the maritime markets, the Connectivity segment supplier of secure wireless technology for industrial and mission-critical applications - ranging from transportation infrastructure to navigation and defence-related environments, and the Product, Innovation & Realization (PIR) segment provides R&D products and services and contract manufacturing to key customers. The majority of the company's revenue is derived from the PIR segment.
77GF Score
Get the complete analysis for CHIX:NORBTO
14-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:NORBTO has been successfully added to your 