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.
Carnegie Clean Energy (ASX:CCE) 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.
Carnegie Clean Energy 9-Day RSI Related Terms
Carnegie Clean Energy 9-Day RSI Competitor Comparison
For the Utilities - Renewable subindustry, Carnegie Clean Energy'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.
Carnegie Clean Energy 9-Day RSI vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Carnegie Clean Energy's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Carnegie Clean Energy's 9-Day RSI falls into.
Carnegie Clean Energy (ASX:CCE) 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.
Carnegie Clean Energy (ASX:CCE) has a 9-Day RSI of 63.73 as of Jul. 05, 2026. According to the industry distribution chart, Carnegie Clean Energy ranks #484 out of 552 companies in the Utilities - Independent Power Producers industry, placing it in the top 87.7%.
Is Carnegie Clean Energy's 9-Day RSI too high?
Carnegie Clean Energy's current 9-Day RSI is 63.73. The Utilities - Independent Power Producers industry median 9-Day RSI is 43.52. Carnegie Clean Energy's value of 63.73 is 46.4% above this industry median. Based on the distribution chart, Carnegie Clean Energy ranks #484 out of 552 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Carnegie Clean Energy has a GF Score™ of 16/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carnegie Clean Energy's 9-Day RSI compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Carnegie Clean Energy ranks #484 out of 552 companies for 9-Day RSI. This places Carnegie Clean Energy in the lower half of its industry. The industry median 9-Day RSI is 43.52. Carnegie Clean Energy's value of 63.73 is 46.4% 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 an Utilities - Independent Power Producers company?
The median 9-Day RSI among Utilities - Independent Power Producers companies is 43.52, based on 552 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. Carnegie Clean Energy's current 9-Day RSI of 63.73 is 46.4% 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 Utilities - Independent Power Producers industry, the median 9-Day RSI is 43.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnegie Clean Energy's current 9-Day RSI is 63.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnegie Clean Energy stock overvalued right now?
Based on GuruFocus' analysis, Carnegie Clean Energy (ASX:CCE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.06, compared to a current price of A$0.21 — trading 250% above its estimated fair value. The current 9-Day RSI is 63.73 and 46.4% above the Utilities - Independent Power Producers industry median of 43.52. Carnegie Clean Energy's overall GF Score™ is 16/100 with 8 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 Carnegie Clean Energy (ASX:CCE), the current 9-Day RSI is 63.73 as of Jul. 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 Carnegie Clean Energy (ASX:CCE) Overvalued in 2026?
Based on GuruFocus' analysis, Carnegie Clean Energy stock appears to be overvalued.
The current stock price of A$0.21 is trading 250% above its estimated GF Value™ of A$0.06.
GuruFocus considers Carnegie Clean Energy to be Significantly Overvalued.
Key valuation signals for ASX:CCE:
9-Day RSI: 63.73
GF Value™: A$0.06 vs. price of A$0.21 (250% above fair value)
Industry Position: 46.4% above the Utilities - Independent Power Producers median (#484 of 552)
No single metric tells the full story. See the ASX:CCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carnegie Clean Energy Ltd is the developer of utility-scale solar, battery, wave, and hybrid energy projects. The firm is mainly engaged in CETO wave energy technology/microgrid build, own, operator, which is developing and commercializing technology for zero-emission electricity generation from ocean swell, and the production and selling of energy through the ownership of microgrids; and Solar and Battery engineering and procurement. The firm realizes a majority of its revenue from Garden Island Microgrid through electricity sales.
16GF Score
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