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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.
The industry rank for Grupo SimecB de CV's 9-Day RSI or its related term are showing as below:
FRA:4FV's 9-Day RSI is ranked better than 96.32% of 653
companies
in the Steel industry
Industry Median: 45.18
vs FRA:4FV: 34.72
Grupo SimecB de CV (FRA:4FV) 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.
Grupo SimecB de CV 9-Day RSI Related Terms
FRA:4FV vs NUE, STLD, RS: 9-Day RSI Comparison
For the Steel subindustry, Grupo SimecB de CV'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.
Grupo SimecB de CV 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Grupo SimecB de CV's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Grupo SimecB de CV's 9-Day RSI falls into.
Grupo SimecB de CV (FRA:4FV) 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.
Grupo SimecB de CV (FRA:4FV) has a 9-Day RSI of 34.72 as of Jul. 14, 2026. According to the industry distribution chart, Grupo SimecB de CV ranks #24 out of 653 companies in the Steel industry, placing it in the top 3.7%.
Is Grupo SimecB de CV's 9-Day RSI too high?
Grupo SimecB de CV's current 9-Day RSI is 34.72. The Steel industry median 9-Day RSI is 45.18. Grupo SimecB de CV's value of 34.72 is 23.2% below this industry median. Based on the distribution chart, Grupo SimecB de CV ranks #24 out of 653 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Grupo SimecB de CV has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Grupo SimecB de CV's 9-Day RSI compare to NUE and STLD?
According to the Steel industry distribution chart, Grupo SimecB de CV ranks #24 out of 653 companies for 9-Day RSI. This places Grupo SimecB de CV in the top 4% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 45.18. Grupo SimecB de CV's value of 34.72 is 23.2% 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 Steel company?
The median 9-Day RSI among Steel companies is 45.18, based on 653 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. Grupo SimecB de CV's current 9-Day RSI of 34.72 is 23.2% 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 Steel industry, the median 9-Day RSI is 45.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo SimecB de CV's current 9-Day RSI is 34.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo SimecB de CV stock overvalued right now?
Grupo SimecB de CV (FRA:4FV) has a current 9-Day RSI of 34.72. The stock's GF Value™ is €12.40, compared to a current price of €8.40 — trading 32.3% below its estimated fair value. The current 9-Day RSI is 34.72 and 23.2% below the Steel industry median of 45.18. Grupo SimecB de CV's overall GF Score™ is 71/100 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 Grupo SimecB de CV (FRA:4FV), the current 9-Day RSI is 34.72 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 Grupo SimecB de CV (FRA:4FV) Overvalued in 2026?
Based on GuruFocus' analysis, Grupo SimecB de CV stock appears to be undervalued.
The current stock price of €8.40 is trading 32.3% below its estimated GF Value™ of €12.40.
Key valuation signals for FRA:4FV:
9-Day RSI: 34.72
GF Value™: €12.40 vs. price of €8.40 (32.3% below fair value)
Industry Position: 23.2% below the Steel median (#24 of 653)
No single metric tells the full story. See the FRA:4FV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grupo Simec SAB de CV is a diversified producer, processor and distributor of SBQ steel and structural steel products with production and commercial operations. The group's SBQ products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. Its structural steel products are used in the non-residential construction market and other construction applications. Its segments are Mexico, Brazil, and the United States. The maximum of its sales is from the Mexico segment.
71GF Score
Get the complete analysis for FRA:4FV
9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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