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.
FSHYF's 9-Day RSI is ranked better than 75.84% of 654
companies
in the Steel industry
Industry Median: 46.47
vs FSHYF: 8.38
Shougang Fushan Resources Group (OTCPK:FSHYF) 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.
Shougang Fushan Resources Group 9-Day RSI Related Terms
FSHYF vs HCC, AMR, METC: 9-Day RSI Comparison
For the Coking Coal subindustry, Shougang Fushan Resources Group'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.
Shougang Fushan Resources Group 9-Day RSI vs Steel Industry
For the Steel industry and Basic Materials sector, Shougang Fushan Resources Group's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Shougang Fushan Resources Group's 9-Day RSI falls into.
Shougang Fushan Resources Group (OTCPK:FSHYF) 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.
Shougang Fushan Resources Group (FSHYF) has a 9-Day RSI of 8.38 as of Jul. 07, 2026. According to the industry distribution chart, Shougang Fushan Resources Group ranks #158 out of 654 companies in the Steel industry, placing it in the top 24.2%.
Is Shougang Fushan Resources Group's 9-Day RSI too high?
Shougang Fushan Resources Group's current 9-Day RSI is 8.38. The Steel industry median 9-Day RSI is 46.47. Shougang Fushan Resources Group's value of 8.38 is 82% below this industry median. Based on the distribution chart, Shougang Fushan Resources Group ranks #158 out of 654 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Shougang Fushan Resources Group has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shougang Fushan Resources Group's 9-Day RSI compare to HCC and AMR?
According to the Steel industry distribution chart, Shougang Fushan Resources Group ranks #158 out of 654 companies for 9-Day RSI. This places Shougang Fushan Resources Group in the top 24% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 46.47. Shougang Fushan Resources Group's value of 8.38 is 82% 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 46.47, based on 654 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. Shougang Fushan Resources Group's current 9-Day RSI of 8.38 is 82% 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 46.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shougang Fushan Resources Group's current 9-Day RSI is 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shougang Fushan Resources Group stock overvalued right now?
Based on GuruFocus' analysis, Shougang Fushan Resources Group (FSHYF) is currently considered Fairly Valued. The stock's GF Value™ is $0.33, compared to a current price of $0.31 — trading 4.6% below its estimated fair value. The current 9-Day RSI is 8.38 and 82% below the Steel industry median of 46.47. Shougang Fushan Resources Group's overall GF Score™ is 59/100 with 7 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 Shougang Fushan Resources Group (FSHYF), the current 9-Day RSI is 8.38 as of Jul. 07, 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 Shougang Fushan Resources Group (FSHYF) Overvalued in 2026?
Based on GuruFocus' analysis, Shougang Fushan Resources Group stock appears to be undervalued.
The current stock price of $0.31 is trading 4.6% below its estimated GF Value™ of $0.33.
GuruFocus considers Shougang Fushan Resources Group to be Fairly Valued.
Key valuation signals for FSHYF:
9-Day RSI: 8.38
GF Value™: $0.33 vs. price of $0.31 (4.6% below fair value)
Industry Position: 82% below the Steel median (#158 of 654)
No single metric tells the full story. See the FSHYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shougang Fushan Resources Group Business Description
Shougang Fushan Resources Group Ltd is engaged in coking coal mining, producing, and selling coking coal products in the PRC. It derives revenue from the sale of clean coking coal, sales of self-produced by-products and trading of coal products. The Group operates coking coal mines and coal preparation plants. It has three premium operating coking coal mines in Liulin County, Shanxi Province (Xingwu Coal Mine, Jinjiazhuang Coal Mine and Zhaiyadi Coal Mine), along with three premium coking coal mines and the associated coal preparation plants for the production of raw and clean coking coal. The Group has a business presence in the PRC and Hong Kong. The Group generates overall revenue from the PRC.
59GF 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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