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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.
For the Steel subindustry, Siderurgica VenezolanaCA'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.
Siderurgica VenezolanaCA 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Siderurgica VenezolanaCA's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Siderurgica VenezolanaCA'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.
Siderurgica VenezolanaCA (CAR:SVS) has a 9-Day RSI of 51.12 as of Aug. 16, 2026. According to the industry distribution chart, Siderurgica VenezolanaCA ranks #157 out of 652 companies in the Steel industry, placing it in the top 24.1%.
Is Siderurgica VenezolanaCA's 9-Day RSI too high?
Siderurgica VenezolanaCA's current 9-Day RSI is 51.12. The Steel industry median 9-Day RSI is 52.39. Siderurgica VenezolanaCA's value of 51.12 is 2.4% below this industry median. Based on the distribution chart, Siderurgica VenezolanaCA ranks #157 out of 652 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Siderurgica VenezolanaCA has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Siderurgica VenezolanaCA's 9-Day RSI compare to competitors?
According to the Steel industry distribution chart, Siderurgica VenezolanaCA ranks #157 out of 652 companies for 9-Day RSI. This places Siderurgica VenezolanaCA in the top 24% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 52.39. Siderurgica VenezolanaCA's value of 51.12 is 2.4% 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 Steel company?
The median 9-Day RSI among Steel companies is 52.39, based on 652 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. Siderurgica VenezolanaCA's current 9-Day RSI of 51.12 is 2.4% 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 Steel industry, the median 9-Day RSI is 52.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siderurgica VenezolanaCA's current 9-Day RSI is 51.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siderurgica VenezolanaCA stock overvalued right now?
Siderurgica VenezolanaCA (CAR:SVS) has a current 9-Day RSI of 51.12. The current 9-Day RSI is 51.12 and 2.4% below the Steel industry median of 52.39. Siderurgica VenezolanaCA's overall GF Score™ is 37/100 with 2 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 Siderurgica VenezolanaCA (CAR:SVS), the current 9-Day RSI is 51.12 as of Aug. 16, 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.
Siderurgica Venezolana SACA is a holding company. Along with its subsidiaries, the company is engaged in steel production and metalworking for domestic and export markets. Its product portfolio includes rebar, wire rods, angles, beams, and iron briquettes prominently for the construction, industrial, and agricultural sectors.
37GF Score
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