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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. 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.
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.
Thai Wire Products PCL 9-Day RSI Related Terms
BKK:TWP vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Thai Wire Products PCL'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.
Thai Wire Products PCL 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Thai Wire Products PCL's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Thai Wire Products PCL's 9-Day RSI falls into.
* 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.
Thai Wire Products PCL (BKK:TWP) has a 9-Day RSI of 49.10 as of Jul. 27, 2026. According to the industry distribution chart, Thai Wire Products PCL ranks #156 out of 653 companies in the Steel industry, placing it in the top 23.9%.
Is Thai Wire Products PCL's 9-Day RSI too high?
Thai Wire Products PCL's current 9-Day RSI is 49.10. The Steel industry median 9-Day RSI is 46.95. Thai Wire Products PCL's value of 49.10 is 4.6% above this industry median. Based on the distribution chart, Thai Wire Products PCL ranks #156 out of 653 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Wire Products PCL has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Wire Products PCL's 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Thai Wire Products PCL ranks #156 out of 653 companies for 9-Day RSI. This places Thai Wire Products PCL in the top 24% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 46.95. Thai Wire Products PCL's value of 49.10 is 4.6% 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 Steel company?
The median 9-Day RSI among Steel companies is 46.95, based on 653 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. Thai Wire Products PCL's current 9-Day RSI of 49.10 is 4.6% 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 Steel industry, the median 9-Day RSI is 46.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Wire Products PCL's current 9-Day RSI is 49.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Wire Products PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Wire Products PCL (BKK:TWP) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.19, compared to a current price of ฿1.13 — trading 5% below its estimated fair value. The current 9-Day RSI is 49.10 and 4.6% above the Steel industry median of 46.95. Thai Wire Products PCL's overall GF Score™ is 62/100 with 3 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 Thai Wire Products PCL (BKK:TWP), the current 9-Day RSI is 49.10 as of Jul. 27, 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 Thai Wire Products PCL (BKK:TWP) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Wire Products PCL stock appears to be undervalued.
The current stock price of ฿1.13 is trading 5% below its estimated GF Value™ of ฿1.19.
GuruFocus considers Thai Wire Products PCL to be Fairly Valued.
Key valuation signals for BKK:TWP:
9-Day RSI: 49.10
GF Value™: ฿1.19 vs. price of ฿1.13 (5% below fair value)
Industry Position: 4.6% above the Steel median (#156 of 653)
No single metric tells the full story. See the BKK:TWP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Wire Products PCL is a Thailand-based manufacturer and seller of high-tensile steel wire (prestressed concrete wire) for the construction industry. Additionally, its product offerings also include galvanized steel wire, cold drawn steel wire, hard drawn steel wire, ordinary low carbon steel wire, etc. Geographically, the company generates maximum revenue from its domestic region and also has some exposure to overseas markets.
62GF Score
Get the complete analysis for BKK:TWP
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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