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 Coda Octopus Group's 9-Day RSI or its related term are showing as below:
CODA's 9-Day RSI is ranked better than 50.14% of 365
companies
in the Aerospace & Defense industry
Industry Median: 44.44
vs CODA: 47.81
Coda Octopus Group (NAS:CODA) 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.
Coda Octopus Group 9-Day RSI Related Terms
CODA vs VWAV, HOVR, OPXS: 9-Day RSI Comparison
For the Aerospace & Defense subindustry, Coda Octopus 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.
Coda Octopus Group 9-Day RSI vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Coda Octopus Group's 9-Day RSI falls into.
Coda Octopus Group (NAS:CODA) 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.
Coda Octopus Group (CODA) has a 9-Day RSI of 47.81 as of Jul. 11, 2026. According to the industry distribution chart, Coda Octopus Group ranks #182 out of 365 companies in the Aerospace & Defense industry, placing it in the top 49.9%.
Is Coda Octopus Group's 9-Day RSI too high?
Coda Octopus Group's current 9-Day RSI is 47.81. The Aerospace & Defense industry median 9-Day RSI is 44.44. Coda Octopus Group's value of 47.81 is 7.6% above this industry median. Based on the distribution chart, Coda Octopus Group ranks #182 out of 365 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Coda Octopus Group has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coda Octopus Group's 9-Day RSI compare to VWAV and HOVR?
According to the Aerospace & Defense industry distribution chart, Coda Octopus Group ranks #182 out of 365 companies for 9-Day RSI. This puts Coda Octopus Group in the upper half of its industry. The industry median 9-Day RSI is 44.44. Coda Octopus Group's value of 47.81 is 7.6% 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 an Aerospace & Defense company?
The median 9-Day RSI among Aerospace & Defense companies is 44.44, based on 365 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. Coda Octopus Group's current 9-Day RSI of 47.81 is 7.6% 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 Aerospace & Defense industry, the median 9-Day RSI is 44.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coda Octopus Group's current 9-Day RSI is 47.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coda Octopus Group stock overvalued right now?
Based on GuruFocus' analysis, Coda Octopus Group (CODA) is currently considered Fairly Valued. The stock's GF Value™ is $10.14, compared to a current price of $9.78 — trading 3.6% below its estimated fair value. The current 9-Day RSI is 47.81 and 7.6% above the Aerospace & Defense industry median of 44.44. Coda Octopus Group's overall GF Score™ is 91/100 with 1 warning sign 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 Coda Octopus Group (CODA), the current 9-Day RSI is 47.81 as of Jul. 11, 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 Coda Octopus Group (CODA) Overvalued in 2026?
Based on GuruFocus' analysis, Coda Octopus Group stock appears to be undervalued.
The current stock price of $9.78 is trading 3.6% below its estimated GF Value™ of $10.14.
GuruFocus considers Coda Octopus Group to be Fairly Valued.
Key valuation signals for CODA:
9-Day RSI: 47.81
GF Value™: $10.14 vs. price of $9.78 (3.6% below fair value)
Industry Position: 7.6% above the Aerospace & Defense median (#182 of 365)
No single metric tells the full story. See the CODA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. The company operates in three distinct business segments: the Marine Technology business, Acoustic Sensors and Material Business and the Defense Engineering Services Business. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Products segment.
91GF Score
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