Conrad Asia EnergyFRA:3MD -1.63%18 9-Day RSI is 79.77 as of Jul. 11, 2026. GuruFocus rates FRA:3MD with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,050 Oil & Gas companies, Conrad Asia Energy ranks worse than 97.9% 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.
The industry rank for Conrad Asia Energy's 9-Day RSI or its related term are showing as below:
FRA:3MD's 9-Day RSI is ranked worse than 97.9% of 1050
companies
in the Oil & Gas industry
Industry Median: 48.125
vs FRA:3MD: 79.77
Conrad Asia Energy (FRA:3MD) 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.
Conrad Asia Energy 9-Day RSI Related Terms
FRA:3MD vs COP, EOG, FANG: 9-Day RSI Comparison
For the Oil & Gas E&P subindustry, Conrad Asia 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.
Conrad Asia Energy 9-Day RSI vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Conrad Asia Energy's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Conrad Asia Energy's 9-Day RSI falls into.
Conrad Asia Energy (FRA:3MD) 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.
Conrad Asia Energy (FRA:3MD) has a 9-Day RSI of 79.77 as of Jul. 11, 2026. According to the industry distribution chart, Conrad Asia Energy ranks #1028 out of 1050 companies in the Oil & Gas industry, placing it in the top 97.9%.
Is Conrad Asia Energy's 9-Day RSI too high?
Conrad Asia Energy's current 9-Day RSI is 79.77. The Oil & Gas industry median 9-Day RSI is 48.13. Conrad Asia Energy's value of 79.77 is 65.8% above this industry median. Based on the distribution chart, Conrad Asia Energy ranks #1028 out of 1050 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Conrad Asia Energy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Conrad Asia Energy's 9-Day RSI compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Conrad Asia Energy ranks #1028 out of 1050 companies for 9-Day RSI. This places Conrad Asia Energy in the lower half of its industry. The industry median 9-Day RSI is 48.13. Conrad Asia Energy's value of 79.77 is 65.8% 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 Oil & Gas company?
The median 9-Day RSI among Oil & Gas companies is 48.13, based on 1,050 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. Conrad Asia Energy's current 9-Day RSI of 79.77 is 65.8% 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 Oil & Gas industry, the median 9-Day RSI is 48.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conrad Asia Energy's current 9-Day RSI is 79.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conrad Asia Energy stock overvalued right now?
Conrad Asia Energy (FRA:3MD) has a current 9-Day RSI of 79.77. The current 9-Day RSI is 79.77 and 65.8% above the Oil & Gas industry median of 48.13. Conrad Asia Energy's overall GF Score™ is 18/100 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 Conrad Asia Energy (FRA:3MD), the current 9-Day RSI is 79.77 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.
Conrad Asia Energy Ltd is engaged in the oil and gas exploration and development business. It's an energy company currently focused on the exploration, appraisal, and development of natural gas projects in Southeast Asia, particularly in offshore waters.
18GF Score
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