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Meridian EnergyFRA:15M1 +0.71%73 9-Day RSI is 60.44 as of Jul. 28, 2026. GuruFocus rates FRA:15M1 with a GF Score™ of 73/100 and a GF Value™ of €2.68 (Fairly Valued). The stock has 6 warning signs investors should review. Among 554 Utilities - Independent Power Producers companies, Meridian Energy ranks worse than 83.94% on this metric.
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 (2026-07-28), Meridian Energy's 9-Day RSI is 60.44.
The industry rank for Meridian Energy's 9-Day RSI or its related term are showing as below:
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.
Meridian Energy 9-Day RSI Related Terms
Meridian Energy 9-Day RSI Competitor Comparison
For the Utilities - Renewable subindustry, Meridian Energy'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.
Meridian Energy 9-Day RSI vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Meridian Energy'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.
Meridian Energy (FRA:15M1) has a 9-Day RSI of 60.44 as of Jul. 28, 2026. According to the industry distribution chart, Meridian Energy ranks #465 out of 554 companies in the Utilities - Independent Power Producers industry, placing it in the top 83.9%.
Is Meridian Energy's 9-Day RSI too high?
Meridian Energy's current 9-Day RSI is 60.44. The Utilities - Independent Power Producers industry median 9-Day RSI is 48.49. Meridian Energy's value of 60.44 is 24.6% above this industry median. Based on the distribution chart, Meridian Energy ranks #465 out of 554 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Meridian Energy has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meridian Energy's 9-Day RSI compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Meridian Energy ranks #465 out of 554 companies for 9-Day RSI. This places Meridian Energy in the lower half of its industry. The industry median 9-Day RSI is 48.49. Meridian Energy's value of 60.44 is 24.6% 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 Utilities - Independent Power Producers company?
The median 9-Day RSI among Utilities - Independent Power Producers companies is 48.49, based on 554 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. Meridian Energy's current 9-Day RSI of 60.44 is 24.6% 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 Utilities - Independent Power Producers industry, the median 9-Day RSI is 48.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Energy's current 9-Day RSI is 60.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Energy stock overvalued right now?
Based on GuruFocus' analysis, Meridian Energy (FRA:15M1) is currently considered Fairly Valued. The stock's GF Value™ is €2.68, compared to a current price of €2.84 — trading 6% above its estimated fair value. The current 9-Day RSI is 60.44 and 24.6% above the Utilities - Independent Power Producers industry median of 48.49. Meridian Energy's overall GF Score™ is 73/100 with 6 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 Meridian Energy (FRA:15M1), the current 9-Day RSI is 60.44 as of Jul. 28, 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 Meridian Energy (FRA:15M1) Overvalued in 2026?
Based on GuruFocus' analysis, Meridian Energy stock appears to be overvalued.
The current stock price of €2.84 is trading 6% above its estimated GF Value™ of €2.68.
GuruFocus considers Meridian Energy to be Fairly Valued.
Key valuation signals for FRA:15M1:
9-Day RSI: 60.44
GF Value™: €2.68 vs. price of €2.84 (6% above fair value)
Industry Position: 24.6% above the Utilities - Independent Power Producers median (#465 of 554)
No single metric tells the full story. See the FRA:15M1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridian Energy is one of New Zealand's leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.
73GF Score
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