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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.
As of today (2026-07-14), Nekkar ASA's 9-Day RSI is 53.85.
The industry rank for Nekkar ASA's 9-Day RSI or its related term are showing as below:
FRA:0TT's 9-Day RSI is ranked worse than 78.44% of 3126
companies
in the Industrial Products industry
Industry Median: 40.83
vs FRA:0TT: 53.85
Nekkar ASA (FRA:0TT) 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.
Nekkar ASA 9-Day RSI Related Terms
FRA:0TT vs GEV, ETN, PH: 9-Day RSI Comparison
For the Specialty Industrial Machinery subindustry, Nekkar ASA'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.
Nekkar ASA 9-Day RSI vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nekkar ASA's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Nekkar ASA'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.
Nekkar ASA (FRA:0TT) has a 9-Day RSI of 53.85 as of Jul. 14, 2026. According to the industry distribution chart, Nekkar ASA ranks #2452 out of 3126 companies in the Industrial Products industry, placing it in the top 78.4%.
Is Nekkar ASA's 9-Day RSI too high?
Nekkar ASA's current 9-Day RSI is 53.85. The Industrial Products industry median 9-Day RSI is 40.83. Nekkar ASA's value of 53.85 is 31.9% above this industry median. Based on the distribution chart, Nekkar ASA ranks #2452 out of 3126 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Nekkar ASA has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Nekkar ASA's 9-Day RSI compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nekkar ASA ranks #2452 out of 3126 companies for 9-Day RSI. This places Nekkar ASA in the lower half of its industry. The industry median 9-Day RSI is 40.83. Nekkar ASA's value of 53.85 is 31.9% 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 Industrial Products company?
The median 9-Day RSI among Industrial Products companies is 40.83, based on 3,126 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. Nekkar ASA's current 9-Day RSI of 53.85 is 31.9% 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 Industrial Products industry, the median 9-Day RSI is 40.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nekkar ASA's current 9-Day RSI is 53.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nekkar ASA stock overvalued right now?
Nekkar ASA (FRA:0TT) has a current 9-Day RSI of 53.85. The stock's GF Value™ is €1.00, compared to a current price of €1.28 — trading 28% above its estimated fair value. The current 9-Day RSI is 53.85 and 31.9% above the Industrial Products industry median of 40.83. Nekkar ASA's overall GF Score™ is 64/100 with 7 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 Nekkar ASA (FRA:0TT), the current 9-Day RSI is 53.85 as of Jul. 14, 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 Nekkar ASA (FRA:0TT) Overvalued in 2026?
Based on GuruFocus' analysis, Nekkar ASA stock appears to be overvalued.
The current stock price of €1.28 is trading 28% above its estimated GF Value™ of €1.00.
Key valuation signals for FRA:0TT:
9-Day RSI: 53.85
GF Value™: €1.00 vs. price of €1.28 (28% above fair value)
Industry Position: 31.9% above the Industrial Products median (#2452 of 3126)
No single metric tells the full story. See the FRA:0TT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nekkar ASA is a company based on an industrial philosophy utilizing smart design, digitalization, and electrification to achieve higher efficiency and more sustainable solutions for multiple industries. Its operating segments include: Syncrolift; Intellilift; Techano Oceanlift; Globetech; and others. The company generates maximum revenue from the Syncrolift segment. The Syncrolift segment includes shiplifts, docking/transfer systems and related service activity for shipyards. The product range includes shiplifting systems for launching and retrievals of vessels and transfer systems for a fast and reliable way of moving vessels around the yard. Geographically, it derives a majority of revenue from Norway and also has a presence in Turkey, UAE, Africa, USA, South America, India and Others.
64GF Score
Get the complete analysis for FRA:0TT
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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