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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
ADX:SCIDC's 9-Day RSI is ranked worse than 76.24% of 623
companies
in the Conglomerates industry
Industry Median: 49.25
vs ADX:SCIDC: 52.96
Sharjah Cement & Industrial Development Co (ADX:SCIDC) 9-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. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
Sharjah Cement & Industrial Development Co 9-Day RSI Related Terms
ADX:SCIDC vs HON, MMM: 9-Day RSI Comparison
For the Conglomerates subindustry, Sharjah Cement & Industrial Development Co's 9-Day RSI, along with its competitors' market caps and 9-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.
Sharjah Cement & Industrial Development Co 9-Day RSI vs Conglomerates Industry
Sharjah Cement & Industrial Development Co (ADX:SCIDC) 9-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.
Sharjah Cement & Industrial Development Co (ADX:SCIDC) has a 9-Day RSI of 52.96 as of Jul. 04, 2026. According to the industry distribution chart, Sharjah Cement & Industrial Development Co ranks #475 out of 623 companies in the Conglomerates industry, placing it in the top 76.2%.
Is Sharjah Cement & Industrial Development Co's 9-Day RSI too high?
Sharjah Cement & Industrial Development Co's current 9-Day RSI is 52.96. The Conglomerates industry median 9-Day RSI is 49.25. Sharjah Cement & Industrial Development Co's value of 52.96 is 7.5% above this industry median. Based on the distribution chart, Sharjah Cement & Industrial Development Co ranks #475 out of 623 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Sharjah Cement & Industrial Development Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sharjah Cement & Industrial Development Co's 9-Day RSI compare to HON and MMM?
According to the Conglomerates industry distribution chart, Sharjah Cement & Industrial Development Co ranks #475 out of 623 companies for 9-Day RSI. This places Sharjah Cement & Industrial Development Co in the lower half of its industry. The industry median 9-Day RSI is 49.25. Sharjah Cement & Industrial Development Co's value of 52.96 is 7.5% 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 9-Day RSI for a Conglomerates company?
The median 9-Day RSI among Conglomerates companies is 49.25, based on 623 companies in the industry. Companies in the top quartile (top 25%) have a 9-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 9-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sharjah Cement & Industrial Development Co's current 9-Day RSI of 52.96 is 7.5% 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 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the Conglomerates industry, the median 9-Day RSI is 49.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharjah Cement & Industrial Development Co's current 9-Day RSI is 52.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharjah Cement & Industrial Development Co stock overvalued right now?
Based on GuruFocus' analysis, Sharjah Cement & Industrial Development Co (ADX:SCIDC) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ0.84, compared to a current price of د.إ1.17 — trading 39.3% above its estimated fair value. The current 9-Day RSI is 52.96 and 7.5% above the Conglomerates industry median of 49.25. Sharjah Cement & Industrial Development Co's overall GF Score™ is 45/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 9-Day RSI calculated?
9-Day RSI is calculated from a company's financial statements. For Sharjah Cement & Industrial Development Co (ADX:SCIDC), the current 9-Day RSI is 52.96 as of Jul. 04, 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 Sharjah Cement & Industrial Development Co (ADX:SCIDC) Overvalued in 2026?
Based on GuruFocus' analysis, Sharjah Cement & Industrial Development Co stock appears to be overvalued.
The current stock price of د.إ1.17 is trading 39.3% above its estimated GF Value™ of د.إ0.84.
GuruFocus considers Sharjah Cement & Industrial Development Co to be Significantly Overvalued.
Key valuation signals for ADX:SCIDC:
9-Day RSI: 52.96
GF Value™: د.إ0.84 vs. price of د.إ1.17 (39.3% above fair value)
Industry Position: 7.5% above the Conglomerates median (#475 of 623)
No single metric tells the full story. See the ADX:SCIDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sharjah Cement & Industrial Development Co Business Description
Sharjah Cement & Industrial Development Co is engaged in the manufacturing and supply of cement, paper sacks, and plastic ropes. The company invests its surplus funds in investment securities, private equities, and properties. The company operates from Sharjah, United Arab Emirates, and sells its products within the UAE and many other countries, including the Middle East, Africa, and Asia. The company reportable segments of the company are the Manufacturing segment, which includes cement, paper sacks, and ropes products and the Investment segment includes investment and cash management for the company's account. It derives maximum revenue from Manufacturing Segment. Geographically, it operates Domestic segment, and International segment. It derives maximum revenue from Domestic segment.
45GF Score
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