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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.
Guizhou Wire Rope Co (SHSE:600992) 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.
Guizhou Wire Rope Co 14-Day RSI Related Terms
SHSE:600992 vs NUE, STLD, RS: 14-Day RSI Comparison
For the Steel subindustry, Guizhou Wire Rope 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.
Guizhou Wire Rope Co 14-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Guizhou Wire Rope Co's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Guizhou Wire Rope Co's 14-Day RSI falls into.
Guizhou Wire Rope Co (SHSE:600992) 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.
Guizhou Wire Rope Co (SHSE:600992) has a 14-Day RSI of 50.13 as of Aug. 05, 2026. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Guizhou Wire Rope Co and its competitors. According to the industry distribution chart, Guizhou Wire Rope Co ranks #346 out of 655 companies in the Steel industry, placing it in the top 52.8%.
Is Guizhou Wire Rope Co's 14-Day RSI too high?
Guizhou Wire Rope Co's current 14-Day RSI is 50.13. The Steel industry median 14-Day RSI is 48.68. Guizhou Wire Rope Co's value of 50.13 is 3% above this industry median. Based on the distribution chart, Guizhou Wire Rope Co ranks #346 out of 655 companies in the Steel industry, which is below the industry midpoint. Overall, Guizhou Wire Rope Co has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Wire Rope Co's 14-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Guizhou Wire Rope Co ranks #346 out of 655 companies for 14-Day RSI. This places Guizhou Wire Rope Co in the lower half of its industry. The industry median 14-Day RSI is 48.68. Guizhou Wire Rope Co's value of 50.13 is 3% 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 14-Day RSI for a Steel company?
The median 14-Day RSI among Steel companies is 48.68, based on 655 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. Guizhou Wire Rope Co's current 14-Day RSI of 50.13 is 3% 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 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 Guizhou Wire Rope Co and its competitors. For the Steel industry, the median 14-Day RSI is 48.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Wire Rope Co's current 14-Day RSI is 50.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Wire Rope Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Wire Rope Co (SHSE:600992) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.89, compared to a current price of ¥9.86 — trading 29% below its estimated fair value. The current 14-Day RSI is 50.13 and 3% above the Steel industry median of 48.68. Guizhou Wire Rope Co's overall GF Score™ is 42/100 with 7 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 Guizhou Wire Rope Co (SHSE:600992), the current 14-Day RSI is 50.13 as of Aug. 05, 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 Guizhou Wire Rope Co (SHSE:600992) Overvalued in 2026?
Based on GuruFocus' analysis, Guizhou Wire Rope Co stock appears to be undervalued.
The current stock price of ¥9.86 is trading 29% below its estimated GF Value™ of ¥13.89.
GuruFocus considers Guizhou Wire Rope Co to be Modestly Undervalued.
Key valuation signals for SHSE:600992:
14-Day RSI: 50.13
GF Value™: ¥13.89 vs. price of ¥9.86 (29% below fair value)
Industry Position: 3% above the Steel median (#346 of 655)
No single metric tells the full story. See the SHSE:600992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guizhou Wire Rope Co Ltd is a China-based company operating in the steel industry. The firm is engaged in the production, processing, and sales of steel wire rope, steel wire and steel strand, and related materials, equipment and technology research. The products offered by the company include single strand wire rope, four strands of wire rope, point contact wire rope, fishing wire rope, aviation wire rope, sealed wire rope, oil wire rope, galvanized steel strand, limb rigging, among others. Its products are used in mining, elevator, port machinery, aerospace, ship and bridge building.
42GF Score
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14-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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