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 (2026-07-08), Horizon Oil's 9-Day RSI is 43.44.
The industry rank for Horizon Oil's 9-Day RSI or its related term are showing as below:
FRA:HOJ's 9-Day RSI is ranked worse than 69.9% of 1050
companies
in the Oil & Gas industry
Industry Median: 46.165
vs FRA:HOJ: 43.44
Horizon Oil (FRA:HOJ) 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.
Horizon Oil 9-Day RSI Related Terms
FRA:HOJ vs COP, EOG, FANG: 9-Day RSI Comparison
For the Oil & Gas E&P subindustry, Horizon Oil'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.
Horizon Oil 9-Day RSI vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Horizon Oil's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Horizon Oil'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.
Horizon Oil (FRA:HOJ) has a 9-Day RSI of 43.44 as of Jul. 08, 2026. According to the industry distribution chart, Horizon Oil ranks #734 out of 1050 companies in the Oil & Gas industry, placing it in the top 69.9%.
Is Horizon Oil's 9-Day RSI too high?
Horizon Oil's current 9-Day RSI is 43.44. The Oil & Gas industry median 9-Day RSI is 46.17. Horizon Oil's value of 43.44 is 5.9% below this industry median. Based on the distribution chart, Horizon Oil ranks #734 out of 1050 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Horizon Oil has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horizon Oil's 9-Day RSI compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Horizon Oil ranks #734 out of 1050 companies for 9-Day RSI. This places Horizon Oil in the lower half of its industry. The industry median 9-Day RSI is 46.17. Horizon Oil's value of 43.44 is 5.9% 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 an Oil & Gas company?
The median 9-Day RSI among Oil & Gas companies is 46.17, 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. Horizon Oil's current 9-Day RSI of 43.44 is 5.9% 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 Oil & Gas industry, the median 9-Day RSI is 46.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Oil's current 9-Day RSI is 43.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Oil stock overvalued right now?
Based on GuruFocus' analysis, Horizon Oil (FRA:HOJ) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.09, compared to a current price of €0.11 — trading 25.6% above its estimated fair value. The current 9-Day RSI is 43.44 and 5.9% below the Oil & Gas industry median of 46.17. Horizon Oil's overall GF Score™ is 39/100 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 Horizon Oil (FRA:HOJ), the current 9-Day RSI is 43.44 as of Jul. 08, 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 Horizon Oil (FRA:HOJ) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Oil stock appears to be overvalued.
The current stock price of €0.11 is trading 25.6% above its estimated GF Value™ of €0.09.
GuruFocus considers Horizon Oil to be Modestly Overvalued.
Key valuation signals for FRA:HOJ:
9-Day RSI: 43.44
GF Value™: €0.09 vs. price of €0.11 (25.6% above fair value)
Industry Position: 5.9% below the Oil & Gas median (#734 of 1050)
No single metric tells the full story. See the FRA:HOJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Oil Ltd is engaged in petroleum exploration, development, and production. The company operates in three segments: China development, New Zealand development, and Australia development. It generates maximum revenue from the China development segment, which is involved in developing and producing crude oil from the Block 22/12-WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12. The New Zealand development segment is currently involved in developing and producing crude oil from the Maari/Manaia oil field development, and the Australia development segment is engaged in developing and producing oil and gas from the Mereenie OL4 and OL5 oil and gas fields.
39GF Score
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9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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