Fortinova Fastigheter AB (FRA:733) 9-Day RSI: 28.30 (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:733 Fortinova Fastigheter AB FRA:733
52 GF Score
Price €2.07
GF Value €2.75
! 4 Warning Signs
View Full Analysis

What is Fortinova Fastigheter AB 9-Day RSI?

Fortinova Fastigheter AB FRA:733 -1.90% 52 9-Day RSI is 28.30 as of Jul. 16, 2026. GuruFocus rates FRA:733 with a GF Score™ of 52/100 and a GF Value™ of €2.75. The stock has 4 warning signs investors should review. Among 1,883 Real Estate companies, Fortinova Fastigheter AB ranks worse than 69.73% 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 (2026-07-16), Fortinova Fastigheter AB's 9-Day RSI is 28.30.

The industry rank for Fortinova Fastigheter AB's 9-Day RSI or its related term are showing as below:

FRA:733's 9-Day RSI is ranked worse than
69.73% of 1883 companies
in the Real Estate industry
Industry Median: 49.36 vs FRA:733: 28.30

Fortinova Fastigheter AB  (FRA:733) 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.


Fortinova Fastigheter AB 9-Day RSI Related Terms


FRA:733 vs CBRE, BEKE, JLL: 9-Day RSI Comparison

For the Real Estate Services subindustry, Fortinova Fastigheter AB'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.


Fortinova Fastigheter AB 9-Day RSI vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fortinova Fastigheter AB's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Fortinova Fastigheter AB's 9-Day RSI falls into.


FRA:733
52GF Score
Fortinova Fastigheter AB FRA:733
9-Day RSI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortinova Fastigheter AB  (FRA:733) 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.

Frequently Asked Questions Learn more about 9-Day RSI →
What does a 9-Day RSI of 28.30 mean?
Fortinova Fastigheter AB (FRA:733) has a 9-Day RSI of 28.30 as of Jul. 16, 2026. According to the industry distribution chart, Fortinova Fastigheter AB ranks #1313 out of 1883 companies in the Real Estate industry, placing it in the top 69.7%.
Is Fortinova Fastigheter AB's 9-Day RSI too high?
Fortinova Fastigheter AB's current 9-Day RSI is 28.30. The Real Estate industry median 9-Day RSI is 49.36. Fortinova Fastigheter AB's value of 28.30 is 42.7% below this industry median. Based on the distribution chart, Fortinova Fastigheter AB ranks #1313 out of 1883 companies in the Real Estate industry, which is below the industry midpoint. Overall, Fortinova Fastigheter AB has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Fortinova Fastigheter AB's 9-Day RSI compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Fortinova Fastigheter AB ranks #1313 out of 1883 companies for 9-Day RSI. This places Fortinova Fastigheter AB in the lower half of its industry. The industry median 9-Day RSI is 49.36. Fortinova Fastigheter AB's value of 28.30 is 42.7% 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 Real Estate company?
The median 9-Day RSI among Real Estate companies is 49.36, based on 1,883 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. Fortinova Fastigheter AB's current 9-Day RSI of 28.30 is 42.7% 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 Real Estate industry, the median 9-Day RSI is 49.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortinova Fastigheter AB's current 9-Day RSI is 28.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortinova Fastigheter AB stock overvalued right now?
Fortinova Fastigheter AB (FRA:733) has a current 9-Day RSI of 28.30. The stock's GF Value™ is €2.75, compared to a current price of €2.07 — trading 24.7% below its estimated fair value. The current 9-Day RSI is 28.30 and 42.7% below the Real Estate industry median of 49.36. Fortinova Fastigheter AB's overall GF Score™ is 52/100 with 4 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 Fortinova Fastigheter AB (FRA:733), the current 9-Day RSI is 28.30 as of Jul. 16, 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 Fortinova Fastigheter AB (FRA:733) Overvalued in 2026?

Based on GuruFocus' analysis, Fortinova Fastigheter AB stock appears to be undervalued. The current stock price of €2.07 is trading 24.7% below its estimated GF Value™ of €2.75.

Key valuation signals for FRA:733:

  • 9-Day RSI: 28.30
  • GF Value™: €2.75 vs. price of €2.07 (24.7% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 42.7% below the Real Estate median (#1313 of 1883)

No single metric tells the full story. See the FRA:733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortinova Fastigheter AB Business Description

Other Exchanges FNOVA B:Sweden
Address Norrgatan 10, Varberg, SWE, 432 41
Fortinova Fastigheter AB operates as a real estate company. It acquires, develops and manages residential properties in some of western Sweden's.
52GF Score

Get the complete analysis for FRA:733

9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.07
Price
€2.75
GF Value