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.
As of today (2026-07-04), Wafa Assurance's 9-Day RSI is 39.71.
The industry rank for Wafa Assurance's 9-Day RSI or its related term are showing as below:
CAS:WAA's 9-Day RSI is ranked better than 83.64% of 593
companies
in the Insurance industry
Industry Median: 60.52
vs CAS:WAA: 39.71
Wafa Assurance (CAS:WAA) 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.
Wafa Assurance 9-Day RSI Related Terms
CAS:WAA vs FNF, AXS, FAF: 9-Day RSI Comparison
For the Insurance - Specialty subindustry, Wafa Assurance'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.
Wafa Assurance 9-Day RSI vs Insurance Industry
For the Insurance industry and Financial Services sector, Wafa Assurance's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Wafa Assurance'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.
Wafa Assurance (CAS:WAA) has a 9-Day RSI of 39.71 as of Jul. 04, 2026. According to the industry distribution chart, Wafa Assurance ranks #97 out of 593 companies in the Insurance industry, placing it in the top 16.4%.
Is Wafa Assurance's 9-Day RSI too high?
Wafa Assurance's current 9-Day RSI is 39.71. The Insurance industry median 9-Day RSI is 60.52. Wafa Assurance's value of 39.71 is 34.4% below this industry median. Based on the distribution chart, Wafa Assurance ranks #97 out of 593 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Wafa Assurance has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wafa Assurance's 9-Day RSI compare to FNF and AXS?
According to the Insurance industry distribution chart, Wafa Assurance ranks #97 out of 593 companies for 9-Day RSI. This places Wafa Assurance in the top 16% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 60.52. Wafa Assurance's value of 39.71 is 34.4% 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 an Insurance company?
The median 9-Day RSI among Insurance companies is 60.52, based on 593 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. Wafa Assurance's current 9-Day RSI of 39.71 is 34.4% 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 Insurance industry, the median 9-Day RSI is 60.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wafa Assurance's current 9-Day RSI is 39.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafa Assurance stock overvalued right now?
Based on GuruFocus' analysis, Wafa Assurance (CAS:WAA) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD6,402.70, compared to a current price of MAD5,600.00 — trading 12.5% below its estimated fair value. The current 9-Day RSI is 39.71 and 34.4% below the Insurance industry median of 60.52. Wafa Assurance's overall GF Score™ is 65/100 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 Wafa Assurance (CAS:WAA), the current 9-Day RSI is 39.71 as of Jul. 04, 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 Wafa Assurance (CAS:WAA) Overvalued in 2026?
Based on GuruFocus' analysis, Wafa Assurance stock appears to be undervalued.
The current stock price of MAD5,600.00 is trading 12.5% below its estimated GF Value™ of MAD6,402.70.
GuruFocus considers Wafa Assurance to be Modestly Undervalued.
Key valuation signals for CAS:WAA:
9-Day RSI: 39.71
GF Value™: MAD6,402.70 vs. price of MAD5,600.00 (12.5% below fair value)
Industry Position: 34.4% below the Insurance median (#97 of 593)
No single metric tells the full story. See the CAS:WAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wafa Assurance SA is a Morocco-based company engaged in the provision of the insurance services. The company offers fire and explosion insurance, theft, and sabotage insurance, water damage insurance, machine breakage insurance, and information and electronic equipment insurance. In addition, it also provides insurance to multiple risks, health, professionals, general accidents, property damage and many more.
65GF Score
Get the complete analysis for CAS:WAA
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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