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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.
Solax Power Network Technology (Zhejiang) Co (SHSE:688717) 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.
Solax Power Network Technology (Zhejiang) Co 14-Day RSI Related Terms
SHSE:688717 vs FSLR, NXT, ENPH: 14-Day RSI Comparison
* 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.
Solax Power Network Technology (Zhejiang) Co 14-Day RSI vs Semiconductors Industry
Solax Power Network Technology (Zhejiang) Co (SHSE:688717) 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.
Solax Power Network Technology (Zhejiang) Co (SHSE:688717) has a 14-Day RSI of 27.40 as of Sep. 06, 2026. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Solax Power Network Technology (Zhejiang) Co and its competitors. According to the industry distribution chart, Solax Power Network Technology (Zhejiang) Co ranks #16 out of 1040 companies in the Semiconductors industry, placing it in the top 1.5%.
Is Solax Power Network Technology (Zhejiang) Co's 14-Day RSI too high?
Solax Power Network Technology (Zhejiang) Co's current 14-Day RSI is 27.40. The Semiconductors industry median 14-Day RSI is 46.00. Solax Power Network Technology (Zhejiang) Co's value of 27.40 is 40.4% below this industry median. Based on the distribution chart, Solax Power Network Technology (Zhejiang) Co ranks #16 out of 1040 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Solax Power Network Technology (Zhejiang) Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solax Power Network Technology (Zhejiang) Co's 14-Day RSI compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solax Power Network Technology (Zhejiang) Co ranks #16 out of 1040 companies for 14-Day RSI. This places Solax Power Network Technology (Zhejiang) Co in the top 2% of its industry — outperforming the majority of peers. The industry median 14-Day RSI is 46.00. Solax Power Network Technology (Zhejiang) Co's value of 27.40 is 40.4% 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 Semiconductors company?
The median 14-Day RSI among Semiconductors companies is 46.00, based on 1,040 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. Solax Power Network Technology (Zhejiang) Co's current 14-Day RSI of 27.40 is 40.4% 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 Solax Power Network Technology (Zhejiang) Co and its competitors. For the Semiconductors industry, the median 14-Day RSI is 46.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solax Power Network Technology (Zhejiang) Co's current 14-Day RSI is 27.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solax Power Network Technology (Zhejiang) Co stock overvalued right now?
Based on GuruFocus' analysis, Solax Power Network Technology (Zhejiang) Co (SHSE:688717) is currently considered Possible Value Trap. The stock's GF Value™ is ¥114.36, compared to a current price of ¥45.50 — trading 60.2% below its estimated fair value. The current 14-Day RSI is 27.40 and 40.4% below the Semiconductors industry median of 46.00. Solax Power Network Technology (Zhejiang) Co's overall GF Score™ is 60/100 with 6 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 Solax Power Network Technology (Zhejiang) Co (SHSE:688717), the current 14-Day RSI is 27.40 as of Sep. 06, 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 Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Overvalued in 2026?
Based on GuruFocus' analysis, Solax Power Network Technology (Zhejiang) Co stock appears to be undervalued.
The current stock price of ¥45.50 is trading 60.2% below its estimated GF Value™ of ¥114.36.
GuruFocus considers Solax Power Network Technology (Zhejiang) Co to be Possible Value Trap.
Key valuation signals for SHSE:688717:
14-Day RSI: 27.40
GF Value™: ¥114.36 vs. price of ¥45.50 (60.2% below fair value)
Industry Position: 40.4% below the Semiconductors median (#16 of 1040)
No single metric tells the full story. See the SHSE:688717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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