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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.
Neogrid Participacoes 9-Day RSI Related Terms
BSP:NGRD3 vs QH, SHOP, UBER: 9-Day RSI Comparison
For the Software - Application subindustry, Neogrid Participacoes'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.
Neogrid Participacoes 9-Day RSI vs Software Industry
For the Software industry and Technology sector, Neogrid Participacoes's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Neogrid Participacoes'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.
Neogrid Participacoes (BSP:NGRD3) has a 9-Day RSI of 50.30 as of Aug. 20, 2026. According to the industry distribution chart, Neogrid Participacoes ranks #1673 out of 2940 companies in the Software industry, placing it in the top 56.9%.
Is Neogrid Participacoes' 9-Day RSI too high?
Neogrid Participacoes' current 9-Day RSI is 50.30. The Software industry median 9-Day RSI is 47.75. Neogrid Participacoes' value of 50.30 is 5.4% above this industry median. Based on the distribution chart, Neogrid Participacoes ranks #1673 out of 2940 companies in the Software industry, which is below the industry midpoint. Overall, Neogrid Participacoes has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Neogrid Participacoes' 9-Day RSI compare to QH and SHOP?
According to the Software industry distribution chart, Neogrid Participacoes ranks #1673 out of 2940 companies for 9-Day RSI. This places Neogrid Participacoes in the lower half of its industry. The industry median 9-Day RSI is 47.75. Neogrid Participacoes' value of 50.30 is 5.4% 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 a Software company?
The median 9-Day RSI among Software companies is 47.75, based on 2,940 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. Neogrid Participacoes's current 9-Day RSI of 50.30 is 5.4% 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 Software industry, the median 9-Day RSI is 47.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neogrid Participacoes's current 9-Day RSI is 50.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neogrid Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Neogrid Participacoes (BSP:NGRD3) is currently considered Fairly Valued. The stock's GF Value™ is R$32.03, compared to a current price of R$34.28 — trading 7% above its estimated fair value. The current 9-Day RSI is 50.30 and 5.4% above the Software industry median of 47.75. Neogrid Participacoes' overall GF Score™ is 78/100 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 Neogrid Participacoes (BSP:NGRD3), the current 9-Day RSI is 50.30 as of Aug. 20, 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 Neogrid Participacoes (BSP:NGRD3) Overvalued in 2026?
Based on GuruFocus' analysis, Neogrid Participacoes stock appears to be overvalued.
The current stock price of R$34.28 is trading 7% above its estimated GF Value™ of R$32.03.
GuruFocus considers Neogrid Participacoes to be Fairly Valued.
Key valuation signals for BSP:NGRD3:
9-Day RSI: 50.30
GF Value™: R$32.03 vs. price of R$34.28 (7% above fair value)
Industry Position: 5.4% above the Software median (#1673 of 2940)
No single metric tells the full story. See the BSP:NGRD3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neogrid Participacoes SA and its subsidiaries are engaged in the development, licensing, and implementation of customized software for the management and synchronization of supply chains. Additionally, the Group provides related technical advisory and training services, and is also engaged in the provision of technical IT support services, installation, configuration, and maintenance of software and databases. Geographically, it generates maximum revenue from Brazil and also has its presence, to a lesser extent, in international markets.
78GF Score
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