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.
ERIXF's 9-Day RSI is ranked better than 76.8% of 2526
companies
in the Hardware industry
Industry Median: 40.905
vs ERIXF: 16.51
Telefonaktiebolaget L M Ericsson (OTCPK:ERIXF) 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.
Telefonaktiebolaget L M Ericsson 9-Day RSI Related Terms
ERIXF vs CSCO, CIEN, MSI: 9-Day RSI Comparison
For the Communication Equipment subindustry, Telefonaktiebolaget L M Ericsson'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.
Telefonaktiebolaget L M Ericsson 9-Day RSI vs Hardware Industry
For the Hardware industry and Technology sector, Telefonaktiebolaget L M Ericsson's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Telefonaktiebolaget L M Ericsson's 9-Day RSI falls into.
Telefonaktiebolaget L M Ericsson (OTCPK:ERIXF) 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.
Telefonaktiebolaget L M Ericsson (ERIXF) has a 9-Day RSI of 16.51 as of Jun. 30, 2026. According to the industry distribution chart, Telefonaktiebolaget L M Ericsson ranks #586 out of 2526 companies in the Hardware industry, placing it in the top 23.2%.
Is Telefonaktiebolaget L M Ericsson's 9-Day RSI too high?
Telefonaktiebolaget L M Ericsson's current 9-Day RSI is 16.51. The Hardware industry median 9-Day RSI is 40.91. Telefonaktiebolaget L M Ericsson's value of 16.51 is 59.6% below this industry median. Based on the distribution chart, Telefonaktiebolaget L M Ericsson ranks #586 out of 2526 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Telefonaktiebolaget L M Ericsson has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telefonaktiebolaget L M Ericsson's 9-Day RSI compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Telefonaktiebolaget L M Ericsson ranks #586 out of 2526 companies for 9-Day RSI. This places Telefonaktiebolaget L M Ericsson in the top 23% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 40.91. Telefonaktiebolaget L M Ericsson's value of 16.51 is 59.6% 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 Hardware company?
The median 9-Day RSI among Hardware companies is 40.91, based on 2,526 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. Telefonaktiebolaget L M Ericsson's current 9-Day RSI of 16.51 is 59.6% 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 Hardware industry, the median 9-Day RSI is 40.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telefonaktiebolaget L M Ericsson's current 9-Day RSI is 16.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telefonaktiebolaget L M Ericsson stock overvalued right now?
Based on GuruFocus' analysis, Telefonaktiebolaget L M Ericsson (ERIXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.19, compared to a current price of $10.91 — trading 51.7% above its estimated fair value. The current 9-Day RSI is 16.51 and 59.6% below the Hardware industry median of 40.91. Telefonaktiebolaget L M Ericsson's overall GF Score™ is 59/100 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 Telefonaktiebolaget L M Ericsson (ERIXF), the current 9-Day RSI is 16.51 as of Jun. 30, 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 Telefonaktiebolaget L M Ericsson (ERIXF) Overvalued in 2026?
Based on GuruFocus' analysis, Telefonaktiebolaget L M Ericsson stock appears to be overvalued.
The current stock price of $10.91 is trading 51.7% above its estimated GF Value™ of $7.19.
GuruFocus considers Telefonaktiebolaget L M Ericsson to be Significantly Overvalued.
Key valuation signals for ERIXF:
9-Day RSI: 16.51
GF Value™: $7.19 vs. price of $10.91 (51.7% above fair value)
Industry Position: 59.6% below the Hardware median (#586 of 2526)
No single metric tells the full story. See the ERIXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telefonaktiebolaget L M Ericsson Business Description
Ericsson is a networking equipment and software provider, primarily selling mobile networking equipment and services to wireless service providers. Ericsson operates in three segments: networks, cloud software and services, and enterprise. While large wireless carriers are its largest customers, Ericsson has expanded its offerings for large enterprises. These products and services include private 5G networking, contact centers as a service, and application performance interfaces. Ericsson aims to combine its 5G network expertise with cloud-native, as-a-service platforms offering a more comprehensive hardware and software package. Ericsson also monetizes its research and development investments by licensing patents to handset manufacturers.
59GF Score
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