Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Right Way Industrial Co (TPE:1506) 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.
Right Way Industrial Co 14-Day RSI Related Terms
TPE:1506 vs ORLY, AZO: 14-Day RSI Comparison
For the Auto Parts subindustry, Right Way Industrial 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.
Right Way Industrial Co 14-Day RSI vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Right Way Industrial Co's 14-Day RSI distribution charts can be found below:
* The bar in red indicates where Right Way Industrial Co's 14-Day RSI falls into.
Right Way Industrial Co (TPE:1506) 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.
Right Way Industrial Co (TPE:1506) has a 14-Day RSI of 48.07 as of Aug. 02, 2026. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. View historical data on Right Way Industrial Co and its competitors. According to the industry distribution chart, Right Way Industrial Co ranks #649 out of 1350 companies in the Vehicles & Parts industry, placing it in the top 48.1%.
Is Right Way Industrial Co's 14-Day RSI too high?
Right Way Industrial Co's current 14-Day RSI is 48.07. The Vehicles & Parts industry median 14-Day RSI is 48.64. Right Way Industrial Co's value of 48.07 is 1.2% below this industry median. Based on the distribution chart, Right Way Industrial Co ranks #649 out of 1350 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Right Way Industrial Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Right Way Industrial Co's 14-Day RSI compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Right Way Industrial Co ranks #649 out of 1350 companies for 14-Day RSI. This puts Right Way Industrial Co in the upper half of its industry. The industry median 14-Day RSI is 48.64. Right Way Industrial Co's value of 48.07 is 1.2% 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 Vehicles & Parts company?
The median 14-Day RSI among Vehicles & Parts companies is 48.64, based on 1,350 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. Right Way Industrial Co's current 14-Day RSI of 48.07 is 1.2% 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 Right Way Industrial Co and its competitors. For the Vehicles & Parts industry, the median 14-Day RSI is 48.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Right Way Industrial Co's current 14-Day RSI is 48.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Right Way Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Right Way Industrial Co (TPE:1506) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$13.15, compared to a current price of NT$10.45 — trading 20.5% below its estimated fair value. The current 14-Day RSI is 48.07 and 1.2% below the Vehicles & Parts industry median of 48.64. Right Way Industrial Co's overall GF Score™ is 66/100 with 3 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 Right Way Industrial Co (TPE:1506), the current 14-Day RSI is 48.07 as of Aug. 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 Right Way Industrial Co (TPE:1506) Overvalued in 2026?
Based on GuruFocus' analysis, Right Way Industrial Co stock appears to be undervalued.
The current stock price of NT$10.45 is trading 20.5% below its estimated GF Value™ of NT$13.15.
GuruFocus considers Right Way Industrial Co to be Modestly Undervalued.
Key valuation signals for TPE:1506:
14-Day RSI: 48.07
GF Value™: NT$13.15 vs. price of NT$10.45 (20.5% below fair value)
Industry Position: 1.2% below the Vehicles & Parts median (#649 of 1350)
No single metric tells the full story. See the TPE:1506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Right Way Industrial Co Ltd operates in the auto parts industry. The company is engaged in the manufacturing and retail sale of engines, parts of automobiles and motorcycles, pistons, piston rings, and its accessories, components of steering systems, crankshafts, machine tools, and system furniture. The company geographically operates in Taiwan, Malaysia, China, United States, and other countries.
66GF Score
Get the complete analysis for TPE:1506
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
TPE:1506 has been successfully added to your 
