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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.
BSP:EQMA3B's 9-Day RSI is ranked better than 59.67% of 543
companies
in the Utilities - Regulated industry
Industry Median: 50.88
vs BSP:EQMA3B: 48.18
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) 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.
Equatorial MaranhaoDistribuidora de Energia 9-Day RSI Related Terms
BSP:EQMA3B vs NEE, SO, DUK: 9-Day RSI Comparison
For the Utilities - Regulated Electric subindustry, Equatorial MaranhaoDistribuidora de Energia'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.
Equatorial MaranhaoDistribuidora de Energia 9-Day RSI vs Utilities - Regulated Industry
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) 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.
Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) has a 9-Day RSI of 48.18 as of Jul. 28, 2026. According to the industry distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #219 out of 543 companies in the Utilities - Regulated industry, placing it in the top 40.3%.
Is Equatorial MaranhaoDistribuidora de Energia's 9-Day RSI too high?
Equatorial MaranhaoDistribuidora de Energia's current 9-Day RSI is 48.18. The Utilities - Regulated industry median 9-Day RSI is 50.88. Equatorial MaranhaoDistribuidora de Energia's value of 48.18 is 5.3% below this industry median. Based on the distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #219 out of 543 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Equatorial MaranhaoDistribuidora de Energia has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Equatorial MaranhaoDistribuidora de Energia's 9-Day RSI compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Equatorial MaranhaoDistribuidora de Energia ranks #219 out of 543 companies for 9-Day RSI. This puts Equatorial MaranhaoDistribuidora de Energia in the upper half of its industry. The industry median 9-Day RSI is 50.88. Equatorial MaranhaoDistribuidora de Energia's value of 48.18 is 5.3% 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 9-Day RSI for an Utilities - Regulated company?
The median 9-Day RSI among Utilities - Regulated companies is 50.88, based on 543 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. Equatorial MaranhaoDistribuidora de Energia's current 9-Day RSI of 48.18 is 5.3% 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 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median 9-Day RSI is 50.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equatorial MaranhaoDistribuidora de Energia's current 9-Day RSI is 48.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equatorial MaranhaoDistribuidora de Energia stock overvalued right now?
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) is currently considered Modestly Undervalued. The stock's GF Value™ is R$34.20, compared to a current price of R$29.99 — trading 12.3% below its estimated fair value. The current 9-Day RSI is 48.18 and 5.3% below the Utilities - Regulated industry median of 50.88. Equatorial MaranhaoDistribuidora de Energia's overall GF Score™ is 79/100 with 6 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B), the current 9-Day RSI is 48.18 as of Jul. 28, 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 Equatorial MaranhaoDistribuidora de Energia (BSP:EQMA3B) Overvalued in 2026?
Based on GuruFocus' analysis, Equatorial MaranhaoDistribuidora de Energia stock appears to be undervalued.
The current stock price of R$29.99 is trading 12.3% below its estimated GF Value™ of R$34.20.
GuruFocus considers Equatorial MaranhaoDistribuidora de Energia to be Modestly Undervalued.
Key valuation signals for BSP:EQMA3B:
9-Day RSI: 48.18
GF Value™: R$34.20 vs. price of R$29.99 (12.3% below fair value)
Industry Position: 5.3% below the Utilities - Regulated median (#219 of 543)
No single metric tells the full story. See the BSP:EQMA3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Equatorial MaranhaoDistribuidora de Energia Business Description
Equatorial MaranhaoDistribuidora de Energia SA develops, produces and generates electric power. The company distributes electric energy for residential, commercial, rural and industrial consumption, corporate, real estate, and public power customers in Brazil.
79GF Score
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