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 industry rank for Bytes Technology Group's 9-Day RSI or its related term are showing as below:
BYITY's 9-Day RSI is ranked worse than 91.86% of 2924
companies
in the Software industry
Industry Median: 41.935
vs BYITY: 30.43
Bytes Technology Group (OTCPK:BYITY) 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.
Bytes Technology Group 9-Day RSI Related Terms
BYITY vs MSFT, ORCL, PLTR: 9-Day RSI Comparison
For the Software - Infrastructure subindustry, Bytes Technology Group'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.
Bytes Technology Group 9-Day RSI vs Software Industry
For the Software industry and Technology sector, Bytes Technology Group's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Bytes Technology Group's 9-Day RSI falls into.
Bytes Technology Group (OTCPK:BYITY) 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.
Bytes Technology Group (BYITY) has a 9-Day RSI of 30.43 as of Jun. 28, 2026. According to the industry distribution chart, Bytes Technology Group ranks #2686 out of 2924 companies in the Software industry, placing it in the top 91.9%.
Is Bytes Technology Group's 9-Day RSI too high?
Bytes Technology Group's current 9-Day RSI is 30.43. The Software industry median 9-Day RSI is 41.94. Bytes Technology Group's value of 30.43 is 27.4% below this industry median. Based on the distribution chart, Bytes Technology Group ranks #2686 out of 2924 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Bytes Technology Group has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bytes Technology Group's 9-Day RSI compare to MSFT and ORCL?
According to the Software industry distribution chart, Bytes Technology Group ranks #2686 out of 2924 companies for 9-Day RSI. This places Bytes Technology Group in the lower half of its industry. The industry median 9-Day RSI is 41.94. Bytes Technology Group's value of 30.43 is 27.4% 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 a Software company?
The median 9-Day RSI among Software companies is 41.94, based on 2,924 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. Bytes Technology Group's current 9-Day RSI of 30.43 is 27.4% 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 Software industry, the median 9-Day RSI is 41.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bytes Technology Group's current 9-Day RSI is 30.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bytes Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Bytes Technology Group (BYITY) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.00, compared to a current price of $9.88 — trading 29.4% below its estimated fair value. The current 9-Day RSI is 30.43 and 27.4% below the Software industry median of 41.94. Bytes Technology Group'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 Bytes Technology Group (BYITY), the current 9-Day RSI is 30.43 as of Jun. 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 Bytes Technology Group (BYITY) Overvalued in 2026?
Based on GuruFocus' analysis, Bytes Technology Group stock appears to be undervalued.
The current stock price of $9.88 is trading 29.4% below its estimated GF Value™ of $14.00.
GuruFocus considers Bytes Technology Group to be Significantly Undervalued.
Key valuation signals for BYITY:
9-Day RSI: 30.43
GF Value™: $14.00 vs. price of $9.88 (29.4% below fair value)
Industry Position: 27.4% below the Software median (#2686 of 2924)
No single metric tells the full story. See the BYITY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bytes Technology Group PLC is one of the UK's heading providers of IT software offerings and solutions, with a focus on cloud and security products. The Group enables effective and cost-efficient technology sourcing, adoption and management across software services, including in the areas of security and cloud. The company has only one reportable segment. The company's products are Software, Hardware, Services internal, and Services external. The company has presence in United Kingdom, Europe, Rest of world. The company generates majority of revenue from United Kingdom.
62GF Score
Get the complete analysis for BYITY
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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