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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.
The industry rank for Elecon Engineering Co's 14-Day RSI or its related term are showing as below:
NSE:ELECON's 14-Day RSI is ranked better than 80.19% of 3120
companies
in the Industrial Products industry
Industry Median: 44.2
vs NSE:ELECON: 35.25
Elecon Engineering Co (NSE:ELECON) 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.
Elecon Engineering Co 14-Day RSI Related Terms
NSE:ELECON vs GEV, ETN, PH: 14-Day RSI Comparison
For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.
Elecon Engineering Co 14-Day RSI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elecon Engineering Co's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Elecon Engineering Co's 14-Day RSI falls into.
Elecon Engineering Co (NSE:ELECON) 14-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.
Elecon Engineering Co (NSE:ELECON) has a 14-Day RSI of 35.25 as of Jul. 16, 2026. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Elecon Engineering Co and its competitors. According to the industry distribution chart, Elecon Engineering Co ranks #618 out of 3120 companies in the Industrial Products industry, placing it in the top 19.8%.
Is Elecon Engineering Co's 14-Day RSI too high?
Elecon Engineering Co's current 14-Day RSI is 35.25. The Industrial Products industry median 14-Day RSI is 44.20. Elecon Engineering Co's value of 35.25 is 20.2% below this industry median. Based on the distribution chart, Elecon Engineering Co ranks #618 out of 3120 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Elecon Engineering Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's 14-Day RSI compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #618 out of 3120 companies for 14-Day RSI. This places Elecon Engineering Co in the top 20% of its industry — outperforming the majority of peers. The industry median 14-Day RSI is 44.20. Elecon Engineering Co's value of 35.25 is 20.2% 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 an Industrial Products company?
The median 14-Day RSI among Industrial Products companies is 44.20, based on 3,120 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. Elecon Engineering Co's current 14-Day RSI of 35.25 is 20.2% 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 Elecon Engineering Co and its competitors. For the Industrial Products industry, the median 14-Day RSI is 44.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecon Engineering Co's current 14-Day RSI is 35.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹646.68, compared to a current price of ₹478.00 — trading 26.1% below its estimated fair value. The current 14-Day RSI is 35.25 and 20.2% below the Industrial Products industry median of 44.20. Elecon Engineering Co's overall GF Score™ is 96/100 with 5 warning signs 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 Elecon Engineering Co (NSE:ELECON), the current 14-Day RSI is 35.25 as of Jul. 16, 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 Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?
Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued.
The current stock price of ₹478.00 is trading 26.1% below its estimated GF Value™ of ₹646.68.
GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.
Key valuation signals for NSE:ELECON:
14-Day RSI: 35.25
GF Value™: ₹646.68 vs. price of ₹478.00 (26.1% below fair value)
Industry Position: 20.2% below the Industrial Products median (#618 of 3120)
No single metric tells the full story. See the NSE:ELECON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
96GF Score
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