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 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.
Enablence Technologies 9-Day RSI Related Terms
FRA:OA8 vs CSCO, CIEN, MSI: 9-Day RSI Comparison
For the Communication Equipment subindustry, Enablence Technologies'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.
Enablence Technologies 9-Day RSI vs Hardware Industry
For the Hardware industry and Technology sector, Enablence Technologies's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Enablence Technologies'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.
Enablence Technologies (FRA:OA8) has a 9-Day RSI of 45.48 as of Jul. 01, 2026. According to the industry distribution chart, Enablence Technologies ranks #1415 out of 2525 companies in the Hardware industry, placing it in the top 56%.
Is Enablence Technologies' 9-Day RSI too high?
Enablence Technologies' current 9-Day RSI is 45.48. The Hardware industry median 9-Day RSI is 45.94. Enablence Technologies' value of 45.48 is 1% below this industry median. Based on the distribution chart, Enablence Technologies ranks #1415 out of 2525 companies in the Hardware industry, which is below the industry midpoint. Overall, Enablence Technologies has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enablence Technologies' 9-Day RSI compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Enablence Technologies ranks #1415 out of 2525 companies for 9-Day RSI. This places Enablence Technologies in the lower half of its industry. The industry median 9-Day RSI is 45.94. Enablence Technologies' value of 45.48 is 1% 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 Hardware company?
The median 9-Day RSI among Hardware companies is 45.94, based on 2,525 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. Enablence Technologies's current 9-Day RSI of 45.48 is 1% 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 Hardware industry, the median 9-Day RSI is 45.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enablence Technologies's current 9-Day RSI is 45.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enablence Technologies stock overvalued right now?
Based on GuruFocus' analysis, Enablence Technologies (FRA:OA8) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.64, compared to a current price of €5.45 — trading 232.3% above its estimated fair value. The current 9-Day RSI is 45.48 and 1% below the Hardware industry median of 45.94. Enablence Technologies' overall GF Score™ is 18/100 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 Enablence Technologies (FRA:OA8), the current 9-Day RSI is 45.48 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.
Is Enablence Technologies (FRA:OA8) Overvalued in 2026?
Based on GuruFocus' analysis, Enablence Technologies stock appears to be overvalued.
The current stock price of €5.45 is trading 232.3% above its estimated GF Value™ of €1.64.
GuruFocus considers Enablence Technologies to be Significantly Overvalued.
Key valuation signals for FRA:OA8:
9-Day RSI: 45.48
GF Value™: €1.64 vs. price of €5.45 (232.3% above fair value)
Industry Position: 1% below the Hardware median (#1415 of 2525)
No single metric tells the full story. See the FRA:OA8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enablence Technologies Inc is a company operating in an integrated optical products business. The company designs manufacture and sells optical components, in the form of planar lightwave circuits on silicon-based chips. Its products are offered in telecommunications, aerospace, and bio-chemical sensing industries. Enablence products serve a world-wide customer base, focused on data centres end markets in which Enablence works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR and virtual and augmented reality headset.
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