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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.
As of today (2026-08-19), Hainan Mining Co's 14-Day RSI is 60.97.
The industry rank for Hainan Mining Co's 14-Day RSI or its related term are showing as below:
SHSE:601969's 14-Day RSI is ranked worse than 69.59% of 651
companies
in the Steel industry
Industry Median: 52.04
vs SHSE:601969: 60.97
Hainan Mining Co (SHSE:601969) 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.
Hainan Mining Co 14-Day RSI Related Terms
SHSE:601969 vs NUE, STLD, RS: 14-Day RSI Comparison
For the Steel subindustry, Hainan Mining 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.
Hainan Mining Co 14-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Hainan Mining Co's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Hainan Mining Co's 14-Day RSI falls into.
Hainan Mining Co (SHSE:601969) 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.
Hainan Mining Co (SHSE:601969) has a 14-Day RSI of 60.97 as of Aug. 19, 2026. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Hainan Mining Co and its competitors. According to the industry distribution chart, Hainan Mining Co ranks #453 out of 651 companies in the Steel industry, placing it in the top 69.6%.
Is Hainan Mining Co's 14-Day RSI too high?
Hainan Mining Co's current 14-Day RSI is 60.97. The Steel industry median 14-Day RSI is 52.04. Hainan Mining Co's value of 60.97 is 17.2% above this industry median. Based on the distribution chart, Hainan Mining Co ranks #453 out of 651 companies in the Steel industry, which is below the industry midpoint. Overall, Hainan Mining Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hainan Mining Co's 14-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Hainan Mining Co ranks #453 out of 651 companies for 14-Day RSI. This places Hainan Mining Co in the lower half of its industry. The industry median 14-Day RSI is 52.04. Hainan Mining Co's value of 60.97 is 17.2% 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 52.04, based on 651 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. Hainan Mining Co's current 14-Day RSI of 60.97 is 17.2% 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 Hainan Mining Co and its competitors. For the Steel industry, the median 14-Day RSI is 52.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Mining Co's current 14-Day RSI is 60.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Mining Co (SHSE:601969) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.52, compared to a current price of ¥9.25 — trading 8.6% above its estimated fair value. The current 14-Day RSI is 60.97 and 17.2% above the Steel industry median of 52.04. Hainan Mining Co's overall GF Score™ is 82/100 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 Hainan Mining Co (SHSE:601969), the current 14-Day RSI is 60.97 as of Aug. 19, 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 Hainan Mining Co (SHSE:601969) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Mining Co stock appears to be overvalued.
The current stock price of ¥9.25 is trading 8.6% above its estimated GF Value™ of ¥8.52.
GuruFocus considers Hainan Mining Co to be Fairly Valued.
Key valuation signals for SHSE:601969:
14-Day RSI: 60.97
GF Value™: ¥8.52 vs. price of ¥9.25 (8.6% above fair value)
Industry Position: 17.2% above the Steel median (#453 of 651)
No single metric tells the full story. See the SHSE:601969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.
82GF Score
Get the complete analysis for SHSE:601969
14-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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