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.
FRA:GD2's 9-Day RSI is ranked worse than 62.75% of 2926
companies
in the Software industry
Industry Median: 45.115
vs FRA:GD2: 23.23
Stockholm Nordtech Group AB (FRA:GD2) 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.
Stockholm Nordtech Group AB 9-Day RSI Related Terms
FRA:GD2 vs MSFT, ORCL, PLTR: 9-Day RSI Comparison
For the Software - Infrastructure subindustry, Stockholm Nordtech Group 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.
Stockholm Nordtech Group AB 9-Day RSI vs Software Industry
For the Software industry and Technology sector, Stockholm Nordtech Group AB's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Stockholm Nordtech Group AB's 9-Day RSI falls into.
Stockholm Nordtech Group AB (FRA:GD2) 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.
Stockholm Nordtech Group AB (FRA:GD2) has a 9-Day RSI of 23.23 as of Jul. 01, 2026. According to the industry distribution chart, Stockholm Nordtech Group AB ranks #1836 out of 2926 companies in the Software industry, placing it in the top 62.7%.
Is Stockholm Nordtech Group AB's 9-Day RSI too high?
Stockholm Nordtech Group AB's current 9-Day RSI is 23.23. The Software industry median 9-Day RSI is 45.12. Stockholm Nordtech Group AB's value of 23.23 is 48.5% below this industry median. Based on the distribution chart, Stockholm Nordtech Group AB ranks #1836 out of 2926 companies in the Software industry, which is below the industry midpoint. Overall, Stockholm Nordtech Group AB has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Stockholm Nordtech Group AB's 9-Day RSI compare to MSFT and ORCL?
According to the Software industry distribution chart, Stockholm Nordtech Group AB ranks #1836 out of 2926 companies for 9-Day RSI. This places Stockholm Nordtech Group AB in the lower half of its industry. The industry median 9-Day RSI is 45.12. Stockholm Nordtech Group AB's value of 23.23 is 48.5% 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 Software company?
The median 9-Day RSI among Software companies is 45.12, based on 2,926 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. Stockholm Nordtech Group AB's current 9-Day RSI of 23.23 is 48.5% 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 Software industry, the median 9-Day RSI is 45.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stockholm Nordtech Group AB's current 9-Day RSI is 23.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stockholm Nordtech Group AB stock overvalued right now?
Stockholm Nordtech Group AB (FRA:GD2) has a current 9-Day RSI of 23.23. The current 9-Day RSI is 23.23 and 48.5% below the Software industry median of 45.12. Stockholm Nordtech Group AB's overall GF Score™ is 12/100. 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 Stockholm Nordtech Group AB (FRA:GD2), the current 9-Day RSI is 23.23 as of Jul. 01, 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.
Nordtech Group AB develops and acquires small and medium sized companies that provide mission-critical B2B software solutions in resilient niche markets. Its portfolio includes software businesses serving a range of industries across the Business Platforms, Operational Solutions, and Public Infrastructure segments. The majority of revenue is derived from the Operational solutions segment. The company's software products are used in customer operations and include recurring-revenue business models. The company also supports the adoption of artificial intelligence technologies across its portfolio companies. Its operating model combines ownership oversight with decentralized operations, allowing portfolio companies to manage their day-to-day activities independently.
12GF Score
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